1544B State Route 503 N, West Alexandria, OH 45381
3 beds • 2 baths • 1442 sqft
$350,000
View on ZillowThis property looks like a bad Mid-Term investment with a projected -9.44% first-year return on $91,500 initial cash invested.
-9.44%
Cash On Cash
4.53%
Cap Rate
0.68
DSCR
$2,511
Rent
-$720
Cashflow
Cash Flow
$2,511 income − $3,231 expenses = $720 out of pocket
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,500
Downpayment
20%
$70,000
Closing costs
1%
$3,500
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,511
Total Expenses
$3,231
Mortgage P&I
77%
$1,942
Property Taxes
13%
$315
Home Insurance
5%
$122
HOA
0%
$0
Property Management
12%
$301
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$276