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$2,760 (target)

2865 Cherry Point Ln, Maryland Heights, MO 63043

3 beds • 2 baths • 1572 sqft

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This property might be a fair Mid-Term investment with a projected 2.42% first-year return on $72,012 initial cash invested.

2.42%

Cash On Cash

7.32%

Cap Rate

1.19

DSCR

$2,760

Rent

$145

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,760 income − $2,615 expenses = $145 cash flow

Income$2,760Mortgage P&I$1,31348%Property Taxes$26810%Insurance$963%Management$33112%CapEx$1104%Vacancy$833%Maintenance$1104%Other$30411%Cash Flow$145

Investment Breakdown

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Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,012

Downpayment

20%

$51,440

Closing costs

1%

$2,572

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,760

Total Expenses

$2,615

Mortgage P&I

48%

$1,313

Property Taxes

10%

$268

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$331

CapEx

4%

$110

Vacancy

3%

$83

Maintenance

4%

$110

Other

11%

$304

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