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$2,616 (target)

2383 Wedgewood Dr, Mansfield, OH 44903

3 beds • 3 baths • 1360 sqft

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This property looks like a bad Mid-Term investment with a projected -4% first-year return on $87,069 initial cash invested.

-4%

Cash On Cash

5.36%

Cap Rate

0.89

DSCR

$2,616

Rent

-$290

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,616 income − $2,906 expenses = $290 out of pocket

Income$2,616Out of Pocket$290Mortgage P&I$1,65463%Property Taxes$2479%Insurance$1154%Management$31412%CapEx$1054%Vacancy$783%Maintenance$1054%Other$28811%

Investment Breakdown

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Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,069

Downpayment

20%

$65,780

Closing costs

1%

$3,289

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,616

Total Expenses

$2,906

Mortgage P&I

63%

$1,654

Property Taxes

9%

$247

Home Insurance

4%

$115

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$78

Maintenance

4%

$105

Other

11%

$288

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