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$2,301 (target)

1110 Langdale Ave, New Carlisle, OH 45344

3 beds • 2 baths • 1161 sqft

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This property might be a fair Mid-Term investment with a projected 1.46% first-year return on $64,725 initial cash invested.

1.46%

Cash On Cash

7.3%

Cap Rate

1.14

DSCR

$2,301

Rent

$79

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,301 income − $2,222 expenses = $79 cash flow

Income$2,301Mortgage P&I$1,18351%Property Taxes$1808%Insurance$773%Management$27612%CapEx$924%Vacancy$693%Maintenance$924%Other$25311%Cash Flow$79

Investment Breakdown

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Purchase Price

$223k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,725

Downpayment

20%

$44,500

Closing costs

1%

$2,225

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,301

Total Expenses

$2,222

Mortgage P&I

51%

$1,183

Property Taxes

8%

$180

Home Insurance

3%

$77

HOA

0%

$0

Property Management

12%

$276

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$253

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