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$2,199 (target)

1705 Dover Ave, Piqua, OH 45356

3 beds • 2 baths • 1252 sqft

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This property might be a fair Mid-Term investment with a projected 7.27% first-year return on $52,629 initial cash invested.

7.27%

Cash On Cash

9.57%

Cap Rate

1.45

DSCR

$2,199

Rent

$319

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,199 income − $1,880 expenses = $319 cash flow

Income$2,199Mortgage P&I$90841%Property Taxes$1668%Insurance$583%Management$26412%CapEx$884%Vacancy$663%Maintenance$884%Other$24211%Cash Flow$319

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,629

Downpayment

20%

$32,980

Closing costs

1%

$1,649

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,199

Total Expenses

$1,880

Mortgage P&I

41%

$908

Property Taxes

8%

$166

Home Insurance

3%

$58

HOA

0%

$0

Property Management

12%

$264

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$242

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