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$1,828 (target)

307 Rankin Dr, Englewood, OH 45322

3 beds • 2 baths • 1689 sqft

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This property looks like a bad Long-Term investment with a projected -8.83% first-year return on $55,566 initial cash invested.

-8.83%

Cash On Cash

4.58%

Cap Rate

0.76

DSCR

$1,828

Rent

-$409

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,828 income − $2,237 expenses = $409 out of pocket

Income$1,828Out of Pocket$409Mortgage P&I$1,32873%Property Taxes$34019%Insurance$945%Management$18310%CapEx$915%Vacancy$1106%Maintenance$915%

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,566

Downpayment

20%

$52,920

Closing costs

1%

$2,646

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,828

Total Expenses

$2,237

Mortgage P&I

73%

$1,328

Property Taxes

19%

$340

Home Insurance

5%

$94

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$91

Vacancy

6%

$110

Maintenance

5%

$91

Other

0%

$0

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