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926 Michaels Dr, Franklin, OH 45005

3 beds • 2 baths • 1872 sqft

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This property looks like a bad Mid-Term investment with a projected -1.25% first-year return on $69,030 initial cash invested.

-1.25%

Cash On Cash

6.36%

Cap Rate

1.02

DSCR

$2,288

Rent

-$72

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$243k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,030

Downpayment

20%

$48,600

Closing costs

1%

$2,430

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,288

Total Expenses

$2,360

Mortgage P&I

55%

$1,267

Property Taxes

10%

$225

Home Insurance

4%

$88

HOA

0%

$0

Property Management

12%

$275

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$252

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