36932 Butternut Ridge Rd, North Ridgeville, OH 44039
3 beds • 3 baths • 2264 sqft
$656,200
View on ZillowThis property looks like a bad Mid-Term investment with a projected -13.8% first-year return on $156k initial cash invested.
-13.8%
Cash On Cash
3.36%
Cap Rate
0.53
DSCR
$3,801
Rent
-$1,792
Cashflow
Cash Flow
$3,801 income − $5,593 expenses = $1,792 out of pocket
Investment Breakdown
|
Purchase Price
$656k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$156k
Downpayment
20%
$131k
Closing costs
1%
$6,562
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,801
Total Expenses
$5,593
Mortgage P&I
91%
$3,477
Property Taxes
15%
$588
Home Insurance
6%
$236
HOA
0%
$0
Property Management
12%
$456
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$418