Dayton, OH


$ 35,000 - Buy & Hold

2.0 bd | 1.0 ba | 1,080 sqft | 1930 | $ 850 Rent

IRR
76.46 %
Yield-on-Cost
18.74 %
Cash on Cash
54.23 %
Net Monthly Cashflow
$423

Description

New siding, roof, hvac, windows, needs interior rehab


Buy & Hold Analysis

  • IRR: 76.46 %
  • Net Cashflow: $ 5,077
  • Rehab Est: $ 0
  • Cap Rate: 18.74 %
  • Monthly Rent: $ 850
  • ARV: $ 35,000
  • Cash on Cash: 54.23 %
  • Taxes: $ 763

Financial Analysis

  • Loan Amnt: $ 26,250
  • All-in Cost: $ 35,613
  • Debt Coverage Ratio: 18.74 %
  • Total Out of Pocket: $ 9,363
  • Monthly Mortgage: $ 133

Expense Assumptions

  • Prop Insurance: $ 280,000
  • Vacancy: $ 510
  • Prop Mgmt Fee: $ 1,020
  • Maintenance: $ 510
  • Capex: $ 0

Financing Assumptions

  • Cash Purchase: No
  • Loan Term: 360 months
  • Down Payment: 25.00 %
  • Points: 1.00
  • Interest Rate: 4.50 %
  • Interest only loan: No

Other Assumptions

  • Closing Cost: $ 350
  • Rental Holding Period: 4


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