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$6,441 (target)

3941 N Cliff Rd, Port Clinton, OH 43452

3 beds • 5 baths • 4849 sqft

$4,200,000

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This property looks like a bad Mid-Term investment with a projected -29.02% first-year return on $900k initial cash invested.

-29.02%

Cash On Cash

0.38%

Cap Rate

0.06

DSCR

$6,441

Rent

-$21,768

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,441 income − $28,209 expenses = $21,768 out of pocket

Income$6,441Out of Pocket$21,768Mortgage P&I$22,825354%Property Taxes$1,70626%Insurance$1,47023%HOA$17Management$77312%CapEx$2584%Vacancy$1933%Maintenance$2584%Other$70911%

Investment Breakdown

|

Purchase Price

$4200k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$900k

Downpayment

20%

$840k

Closing costs

1%

$42,000

Rehab

0%

$0

Furnishing

0%

$18,000

Cashflow

Total Income

$6,441

Total Expenses

$28,209

Mortgage P&I

354%

$22,825

Property Taxes

26%

$1,706

Home Insurance

23%

$1,470

HOA

0%

$17

Property Management

12%

$773

CapEx

4%

$258

Vacancy

3%

$193

Maintenance

4%

$258

Other

11%

$709

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