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$1,978 (target)

118 Parkgrove Dr, Englewood, OH 45322

3 beds • 2 baths • 1225 sqft

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This property looks like a bad Mid-Term investment with a projected -9.56% first-year return on $54,330 initial cash invested.

-9.56%

Cash On Cash

3.94%

Cap Rate

0.62

DSCR

$1,978

Rent

-$433

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,978 income − $2,411 expenses = $433 out of pocket

Income$1,978Out of Pocket$433Mortgage P&I$92247%Property Taxes$76138%Insurance$563%Management$23712%CapEx$794%Vacancy$593%Maintenance$794%Other$21811%

Investment Breakdown

|

Purchase Price

$173k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,330

Downpayment

20%

$34,600

Closing costs

1%

$1,730

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,978

Total Expenses

$2,411

Mortgage P&I

47%

$922

Property Taxes

38%

$761

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$237

CapEx

4%

$79

Vacancy

3%

$59

Maintenance

4%

$79

Other

11%

$218

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