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6501 Locust Ln, Franklin, OH 45005

3 beds • 3 baths • 2562 sqft

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This property looks like a bad Mid-Term investment with a projected -0.89% first-year return on $87,279 initial cash invested.

-0.89%

Cash On Cash

6.07%

Cap Rate

1.04

DSCR

$3,098

Rent

-$65

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,098

Total Expenses

$3,163

Mortgage P&I

52%

$1,610

Property Taxes

12%

$383

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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