36932 Butternut Ridge Rd, North Ridgeville, OH 44039
3 beds • 3 baths • 2264 sqft
$656,200
View on ZillowThis property looks like a bad Long-Term investment with a projected -21.13% first-year return on $138k initial cash invested.
-21.13%
Cash On Cash
2.15%
Cap Rate
0.34
DSCR
$2,534
Rent
-$2,426
Cashflow
Cash Flow
$2,534 income − $4,960 expenses = $2,426 out of pocket
Investment Breakdown
|
Purchase Price
$656k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$138k
Downpayment
20%
$131k
Closing costs
1%
$6,562
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,534
Total Expenses
$4,960
Mortgage P&I
137%
$3,477
Property Taxes
23%
$588
Home Insurance
9%
$236
HOA
0%
$0
Property Management
10%
$253
CapEx
5%
$127
Vacancy
6%
$152
Maintenance
5%
$127
Other
0%
$0