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$1,736 (target)

403 Merrill St, Sparta, WI 54656

3 beds • 2 baths • 1533 sqft

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This property looks like a bad Long-Term investment with a projected -6.45% first-year return on $48,153 initial cash invested.

-6.45%

Cash On Cash

5.48%

Cap Rate

0.86

DSCR

$1,736

Rent

-$259

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,736 income − $1,995 expenses = $259 out of pocket

Income$1,736Out of Pocket$259Mortgage P&I$1,22070%Property Taxes$24314%Insurance$805%Management$17410%CapEx$875%Vacancy$1046%Maintenance$875%

Investment Breakdown

|

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,153

Downpayment

20%

$45,860

Closing costs

1%

$2,293

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,736

Total Expenses

$1,995

Mortgage P&I

70%

$1,220

Property Taxes

14%

$243

Home Insurance

5%

$80

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

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