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$3,543 (target)

3984 Morningside Cir, Springfield, OH 45502

3 beds • 3 baths • 2230 sqft

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This property looks like a bad Mid-Term investment with a projected -7.3% first-year return on $125k initial cash invested.

-7.3%

Cash On Cash

4.53%

Cap Rate

0.76

DSCR

$3,543

Rent

-$762

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,543 income − $4,305 expenses = $762 out of pocket

Income$3,543Out of Pocket$762Mortgage P&I$2,54872%Property Taxes$36810%Insurance$1845%Management$42512%CapEx$1424%Vacancy$1063%Maintenance$1424%Other$39011%

Investment Breakdown

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Purchase Price

$511k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$102k

Closing costs

1%

$5,106

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,543

Total Expenses

$4,305

Mortgage P&I

72%

$2,548

Property Taxes

10%

$368

Home Insurance

5%

$184

HOA

0%

$0

Property Management

12%

$425

CapEx

4%

$142

Vacancy

3%

$106

Maintenance

4%

$142

Other

11%

$390

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