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$1,940 (target)

1216 Sipple Ave, Hamilton, OH 45011

3 beds • 2 baths • 984 sqft

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This property could be a profitable Mid-Term investment with a projected 11.99% first-year return on $47,043 initial cash invested.

11.99%

Cash On Cash

10.85%

Cap Rate

1.78

DSCR

$1,940

Rent

$470

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,940 income − $1,470 expenses = $470 cash flow

Income$1,940Mortgage P&I$70236%Property Taxes$663%Insurance$422%Management$23312%CapEx$784%Vacancy$583%Maintenance$784%Other$21311%Cash Flow$470

Investment Breakdown

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Purchase Price

$138k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,043

Downpayment

20%

$27,660

Closing costs

1%

$1,383

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,940

Total Expenses

$1,470

Mortgage P&I

36%

$702

Property Taxes

3%

$66

Home Insurance

2%

$42

HOA

0%

$0

Property Management

12%

$233

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$213

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