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$2,378 (target)

406 E Mechanic St, Wapakoneta, OH 45895

3 beds • 2 baths • 1532 sqft

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This property might be a fair Mid-Term investment with a projected 3.6% first-year return on $65,250 initial cash invested.

3.6%

Cash On Cash

8.17%

Cap Rate

1.23

DSCR

$2,378

Rent

$196

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,378 income − $2,182 expenses = $196 cash flow

Income$2,378Mortgage P&I$1,24152%Property Taxes$542%Insurance$793%Management$28512%CapEx$954%Vacancy$713%Maintenance$954%Other$26211%Cash Flow$196

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,378

Total Expenses

$2,182

Mortgage P&I

52%

$1,241

Property Taxes

2%

$54

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$285

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$262

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