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304 Teryl Dr, Mount Vernon, OH 43050

3 beds • 3 baths • 2220 sqft

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This property might be a fair Long-Term investment with a projected 5.82% first-year return on $35,070 initial cash invested.

5.82%

Cash On Cash

8.01%

Cap Rate

1.31

DSCR

$1,840

Rent

$170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,840 income − $1,670 expenses = $170 cash flow

Income$1,840Mortgage P&I$85346%Property Taxes$23413%Insurance$1056%Management$18410%CapEx$925%Vacancy$1106%Maintenance$925%Cash Flow$170

Investment Breakdown

|

Purchase Price

$167k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,070

Downpayment

20%

$33,400

Closing costs

1%

$1,670

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,840

Total Expenses

$1,670

Mortgage P&I

46%

$853

Property Taxes

13%

$234

Home Insurance

6%

$105

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1009 E High St, Mount Vernon, OH 43050

$1,600

3

3

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$2,950

3

2.5

2282

6.3 mi

409 W Walnut St, Mount Vernon, OH 43050

$1,495

3

2

2.2 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Projection Charts

Investment Value YoY

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