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$2,730 (target)

3904 Michael Dr, Cincinnati, OH 45255

3 beds • 2 baths • 1215 sqft

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This property could be a profitable Mid-Term investment with a projected 33.99% first-year return on $37,600 initial cash invested.

33.99%

Cash On Cash

21.19%

Cap Rate

3.48

DSCR

$2,730

Rent

$1,065

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,730 income − $1,665 expenses = $1,065 cash flow

Income$2,730Mortgage P&I$47417%Property Taxes$2308%Insurance$331%Management$32812%CapEx$1094%Vacancy$823%Maintenance$1094%Other$30011%Cash Flow$1,065

Investment Breakdown

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Purchase Price

$93,333

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,600

Downpayment

20%

$18,667

Closing costs

1%

$933

Rehab

0%

$0

Furnishing

19%

$18,000

Cashflow

Total Income

$2,730

Total Expenses

$1,665

Mortgage P&I

17%

$474

Property Taxes

8%

$230

Home Insurance

1%

$33

HOA

0%

$0

Property Management

12%

$328

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$300

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