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$2,102 (target)

2752 Danbury Rd, Springfield, OH 45505

3 beds • 2 baths • 1200 sqft

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This property looks like a bad Mid-Term investment with a projected -3.68% first-year return on $69,534 initial cash invested.

-3.68%

Cash On Cash

5.88%

Cap Rate

0.9

DSCR

$2,102

Rent

-$213

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,102 income − $2,315 expenses = $213 out of pocket

Income$2,102Out of Pocket$213Mortgage P&I$1,33163%Property Taxes$1829%Insurance$884%Management$25212%CapEx$844%Vacancy$633%Maintenance$844%Other$23111%

Investment Breakdown

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Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,534

Downpayment

20%

$49,080

Closing costs

1%

$2,454

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,102

Total Expenses

$2,315

Mortgage P&I

63%

$1,331

Property Taxes

9%

$182

Home Insurance

4%

$88

HOA

0%

$0

Property Management

12%

$252

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$231

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