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$2,109 (target)

618 Ravine Ave, Defiance, OH 43512

3 beds • 2 baths • 1160 sqft

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This property could be a profitable Mid-Term investment with a projected 11.72% first-year return on $48,030 initial cash invested.

11.72%

Cash On Cash

11.04%

Cap Rate

1.72

DSCR

$2,109

Rent

$469

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,109 income − $1,640 expenses = $469 cash flow

Income$2,109Mortgage P&I$76336%Property Taxes$1155%Insurance$462%Management$25312%CapEx$844%Vacancy$633%Maintenance$844%Other$23211%Cash Flow$469

Investment Breakdown

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Purchase Price

$143k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,030

Downpayment

20%

$28,600

Closing costs

1%

$1,430

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,109

Total Expenses

$1,640

Mortgage P&I

36%

$763

Property Taxes

5%

$115

Home Insurance

2%

$46

HOA

0%

$0

Property Management

12%

$253

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$232

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