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$2,748 (target)

302 E Mechanic St, Wapakoneta, OH 45895

3 beds • 2 baths • 1840 sqft

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This property might be a fair Mid-Term investment with a projected 7.39% first-year return on $64,179 initial cash invested.

7.39%

Cash On Cash

9.18%

Cap Rate

1.43

DSCR

$2,748

Rent

$395

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,748 income − $2,353 expenses = $395 cash flow

Income$2,748Mortgage P&I$1,17843%Property Taxes$1807%Insurance$612%Management$33012%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%Cash Flow$395

Investment Breakdown

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Purchase Price

$220k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,179

Downpayment

20%

$43,980

Closing costs

1%

$2,199

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,748

Total Expenses

$2,353

Mortgage P&I

43%

$1,178

Property Taxes

7%

$180

Home Insurance

2%

$61

HOA

0%

$0

Property Management

12%

$330

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

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