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$2,709 (target)

1302 Wedgewood Dr, Fostoria, OH 44830

3 beds • 2 baths • 1384 sqft

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This property might be a fair Mid-Term investment with a projected 2.81% first-year return on $72,579 initial cash invested.

2.81%

Cash On Cash

7.27%

Cap Rate

1.21

DSCR

$2,709

Rent

$170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,709 income − $2,539 expenses = $170 cash flow

Income$2,709Mortgage P&I$1,29748%Property Taxes$2188%Insurance$913%HOA$13Management$32512%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29811%Cash Flow$170

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,709

Total Expenses

$2,539

Mortgage P&I

48%

$1,297

Property Taxes

8%

$218

Home Insurance

3%

$91

HOA

0%

$13

Property Management

12%

$325

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$298

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