Unlock all features! Tap here to upgrade
2691 Prestwick Village Cir #2691, Springfield, OH 45503
3 beds • 2 baths • 1715 sqft
$308,300
View on ZillowThis property looks like a bad Mid-Term investment with a projected -6.51% first-year return on $82,743 initial cash invested.
-6.51%
Cash On Cash
5.45%
Cap Rate
0.81
DSCR
$3,040
Rent
-$449
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,040 income − $3,489 expenses = $449 out of pocket
Investment Breakdown
|
Purchase Price
$308k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,743
Downpayment
20%
$61,660
Closing costs
1%
$3,083
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,040
Total Expenses
$3,489
Mortgage P&I
57%
$1,726
Property Taxes
10%
$294
Home Insurance
4%
$110
HOA
11%
$325
Property Management
12%
$365
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$334