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 Long-Term investment with a projected -18.61% first-year return on $73,500 initial cash invested.
-18.61%
Cash On Cash
3.04%
Cap Rate
0.46
DSCR
$1,674
Rent
-$1,140
Cashflow
Cash Flow
$1,674 income − $2,814 expenses = $1,140 out of pocket
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,500
Downpayment
20%
$70,000
Closing costs
1%
$3,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,674
Total Expenses
$2,814
Mortgage P&I
116%
$1,942
Property Taxes
19%
$315
Home Insurance
7%
$122
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0