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$1,364 (target)

3113 Seminole Way, Piqua, OH 45356

3 beds • 3 baths • 1900 sqft

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This property looks like a bad Long-Term investment with a projected -18.45% first-year return on $96,579 initial cash invested.

-18.45%

Cash On Cash

2.28%

Cap Rate

0.38

DSCR

$1,364

Rent

-$1,485

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,364 income − $2,849 expenses = $1,485 out of pocket

Income$1,364Out of Pocket$1,485Mortgage P&I$2,292168%Property Taxes$212%Insurance$16112%HOA$212%Management$13610%CapEx$685%Vacancy$826%Maintenance$685%

Investment Breakdown

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Purchase Price

$460k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,579

Downpayment

20%

$91,980

Closing costs

1%

$4,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,364

Total Expenses

$2,849

Mortgage P&I

168%

$2,292

Property Taxes

2%

$21

Home Insurance

12%

$161

HOA

2%

$21

Property Management

10%

$136

CapEx

5%

$68

Vacancy

6%

$82

Maintenance

5%

$68

Other

0%

$0

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