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$3,176 (target)

918 Minerva Ave, Columbus, OH 43229

3 beds • 2 baths • 925 sqft

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This property might be a fair Mid-Term investment with a projected 6.4% first-year return on $73,881 initial cash invested.

6.4%

Cash On Cash

8.8%

Cap Rate

1.36

DSCR

$3,176

Rent

$394

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,176 income − $2,782 expenses = $394 cash flow

Income$3,176Mortgage P&I$1,43145%Property Taxes$1846%Insurance$883%Management$38112%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34911%Cash Flow$394

Investment Breakdown

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Purchase Price

$266k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,881

Downpayment

20%

$53,220

Closing costs

1%

$2,661

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,176

Total Expenses

$2,782

Mortgage P&I

45%

$1,431

Property Taxes

6%

$184

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$381

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$349

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