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$1,509 (target)

3970 N State Route 53, Fremont, OH 43420

3 beds • 2 baths • 1440 sqft

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This property could be a profitable Long-Term investment with a projected 11.14% first-year return on $28,665 initial cash invested.

11.14%

Cash On Cash

9.55%

Cap Rate

1.46

DSCR

$1,509

Rent

$266

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,509 income − $1,243 expenses = $266 cash flow

Income$1,509Mortgage P&I$74549%Property Taxes$906%Insurance$161%Management$15110%CapEx$755%Vacancy$916%Maintenance$755%Cash Flow$266

Investment Breakdown

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Purchase Price

$137k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,665

Downpayment

20%

$27,300

Closing costs

1%

$1,365

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,509

Total Expenses

$1,243

Mortgage P&I

49%

$745

Property Taxes

6%

$90

Home Insurance

1%

$16

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$75

Vacancy

6%

$91

Maintenance

5%

$75

Other

0%

$0

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