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$2,884 (target)

445 S Glenwood Ave, Lima, OH 45805

3 beds • 2 baths • 1416 sqft

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This property could be a profitable Mid-Term investment with a projected 15.72% first-year return on $54,876 initial cash invested.

15.72%

Cash On Cash

12.24%

Cap Rate

1.87

DSCR

$2,884

Rent

$719

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,884 income − $2,165 expenses = $719 cash flow

Income$2,884Mortgage P&I$95733%Property Taxes$1465%Insurance$823%Management$34612%CapEx$1154%Vacancy$873%Maintenance$1154%Other$31711%Cash Flow$719

Investment Breakdown

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Purchase Price

$176k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,876

Downpayment

20%

$35,120

Closing costs

1%

$1,756

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,884

Total Expenses

$2,165

Mortgage P&I

33%

$957

Property Taxes

5%

$146

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$346

CapEx

4%

$115

Vacancy

3%

$87

Maintenance

4%

$115

Other

11%

$317

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