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$4,136 (target)

1946 Michelle Ln, Monroe, OH 45044

3 beds • 3 baths • 2134 sqft

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This property might be a fair Mid-Term investment with a projected 1.61% first-year return on $99,123 initial cash invested.

1.61%

Cash On Cash

7.3%

Cap Rate

1.15

DSCR

$4,136

Rent

$133

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,136 income − $4,003 expenses = $133 cash flow

Income$4,136Mortgage P&I$2,05350%Property Taxes$39410%Insurance$1383%HOA$13Management$49612%CapEx$1654%Vacancy$1243%Maintenance$1654%Other$45511%Cash Flow$133

Investment Breakdown

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Purchase Price

$386k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,123

Downpayment

20%

$77,260

Closing costs

1%

$3,863

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,136

Total Expenses

$4,003

Mortgage P&I

50%

$2,053

Property Taxes

10%

$394

Home Insurance

3%

$138

HOA

0%

$13

Property Management

12%

$496

CapEx

4%

$165

Vacancy

3%

$124

Maintenance

4%

$165

Other

11%

$455

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