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$2,966 (target)

2561 Ballentine Pike, Springfield, OH 45502

3 beds • 2 baths • 1913 sqft

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This property might be a fair Mid-Term investment with a projected 0.43% first-year return on $84,402 initial cash invested.

0.43%

Cash On Cash

6.55%

Cap Rate

1.09

DSCR

$2,966

Rent

$30

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,966 income − $2,936 expenses = $30 cash flow

Income$2,966Mortgage P&I$1,57853%Property Taxes$2358%Insurance$1144%Management$35612%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32611%Cash Flow$30

Investment Breakdown

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Purchase Price

$316k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,402

Downpayment

20%

$63,240

Closing costs

1%

$3,162

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,966

Total Expenses

$2,936

Mortgage P&I

53%

$1,578

Property Taxes

8%

$235

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$356

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$326

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