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$3,042 (target)

507 Meadowridge Ave NW, Canton, OH 44708

3 beds • 2 baths • 1534 sqft

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This property might be a fair Mid-Term investment with a projected 0.23% first-year return on $82,470 initial cash invested.

0.23%

Cash On Cash

6.51%

Cap Rate

1.09

DSCR

$3,042

Rent

$16

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,042 income − $3,026 expenses = $16 cash flow

Income$3,042Mortgage P&I$1,52850%Property Taxes$35512%Insurance$1084%Management$36512%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33511%Cash Flow$16

Investment Breakdown

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Purchase Price

$307k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,470

Downpayment

20%

$61,400

Closing costs

1%

$3,070

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,042

Total Expenses

$3,026

Mortgage P&I

50%

$1,528

Property Taxes

12%

$355

Home Insurance

4%

$108

HOA

0%

$0

Property Management

12%

$365

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$335

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