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$5,583 (target)

607 Cedar Point Rd, Sandusky, OH 44870

3 beds • 3 baths • 3371 sqft

$1,350,000

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This property looks like a bad Mid-Term investment with a projected -20.5% first-year return on $302k initial cash invested.

-20.5%

Cash On Cash

2.34%

Cap Rate

0.35

DSCR

$5,583

Rent

-$5,150

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,583 income − $10,733 expenses = $5,150 out of pocket

Income$5,583Out of Pocket$5,150Mortgage P&I$7,561135%Property Taxes$80314%Insurance$4728%Management$67012%CapEx$2234%Vacancy$1673%Maintenance$2234%Other$61411%

Investment Breakdown

|

Purchase Price

$1350k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$302k

Downpayment

20%

$270k

Closing costs

1%

$13,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,583

Total Expenses

$10,733

Mortgage P&I

135%

$7,561

Property Taxes

14%

$803

Home Insurance

8%

$472

HOA

0%

$0

Property Management

12%

$670

CapEx

4%

$223

Vacancy

3%

$167

Maintenance

4%

$223

Other

11%

$614

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