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$2,004 (target)

1231 Homedale Ave NW, Canton, OH 44708

3 beds • 2 baths • 1344 sqft

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This property could be a profitable Mid-Term investment with a projected 10.85% first-year return on $47,022 initial cash invested.

10.85%

Cash On Cash

10.79%

Cap Rate

1.68

DSCR

$2,004

Rent

$425

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,004 income − $1,579 expenses = $425 cash flow

Income$2,004Mortgage P&I$73837%Property Taxes$1126%Insurance$492%Management$24012%CapEx$804%Vacancy$603%Maintenance$804%Other$22011%Cash Flow$425

Investment Breakdown

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Purchase Price

$138k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,022

Downpayment

20%

$27,640

Closing costs

1%

$1,382

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,004

Total Expenses

$1,579

Mortgage P&I

37%

$738

Property Taxes

6%

$112

Home Insurance

2%

$49

HOA

0%

$0

Property Management

12%

$240

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$220

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