2189 S Harbor Bay Dr, Lakeside Marblehead, OH 43440
3 beds • 5 baths • 1611 sqft
$459,800
View on ZillowThis property looks like a bad Long-Term investment with a projected -17.49% first-year return on $96,558 initial cash invested.
-17.49%
Cash On Cash
3.37%
Cap Rate
0.5
DSCR
$2,438
Rent
-$1,407
Cashflow
Cash Flow
$2,438 income − $3,845 expenses = $1,407 out of pocket
Investment Breakdown
|
Purchase Price
$460k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,558
Downpayment
20%
$91,960
Closing costs
1%
$4,598
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,438
Total Expenses
$3,845
Mortgage P&I
106%
$2,578
Property Taxes
14%
$351
Home Insurance
8%
$192
HOA
4%
$90
Property Management
10%
$244
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0