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$2,589 (target)

6906 Michelle Pl, Englewood, OH 45322

3 beds • 2 baths • 1480 sqft

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This property looks like a bad Mid-Term investment with a projected -0.56% first-year return on $72,348 initial cash invested.

-0.56%

Cash On Cash

6.7%

Cap Rate

1.05

DSCR

$2,589

Rent

-$34

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,589 income − $2,623 expenses = $34 out of pocket

Income$2,589Out of Pocket$34Mortgage P&I$1,37553%Property Taxes$27311%Insurance$934%Management$31112%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28511%

Investment Breakdown

|

Purchase Price

$259k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,348

Downpayment

20%

$51,760

Closing costs

1%

$2,588

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,589

Total Expenses

$2,623

Mortgage P&I

53%

$1,375

Property Taxes

11%

$273

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

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