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$2,604 (target)

403 Merrill St, Sparta, WI 54656

3 beds • 2 baths • 1533 sqft

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This property might be a fair Mid-Term investment with a projected 3.21% first-year return on $66,153 initial cash invested.

3.21%

Cash On Cash

7.86%

Cap Rate

1.23

DSCR

$2,604

Rent

$177

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,604 income − $2,427 expenses = $177 cash flow

Income$2,604Mortgage P&I$1,22047%Property Taxes$2439%Insurance$803%Management$31212%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28611%Cash Flow$177

Investment Breakdown

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Purchase Price

$229k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,153

Downpayment

20%

$45,860

Closing costs

1%

$2,293

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,604

Total Expenses

$2,427

Mortgage P&I

47%

$1,220

Property Taxes

9%

$243

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$312

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$286

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