Dayton, OH


$ 34,000 - Buy & Hold

3.0 bd | 1.0 ba | 798 sqft | 1928 yr | $ 800 Rent

IRR
71.50 %
Yield-on-Cost
17.95 %
Cash on Cash
51.24 %
Net Monthly Cashflow
$388

Description

Two bedroom house with new siding, roof, needs interior rehab, has unfinished basement for storage.


Buy & Hold Analysis

  • ARV: $35,000
  • Yield-on-Cost: 17.95 %
  • Net Monthly Cashflow: $388
  • Monthly Rent: $800

Financial Analysis

  • Loan Amnt: $ 25,500.00
  • All-in Cost: $ 34,595.00
  • Debt Coverage Ratio: 4.01 %
  • Total Out of Pocket: $ 9,095.00
  • Monthly Mortgage: $ 129.20

Expense Assumptions

  • Prop Insurance: $800
  • Prop Mgmt Fee: $912
  • Vacancy: $480
  • Capex: $0

Financing Assumptions

  • Down Payment: $8,500
  • Interest Rate: 4.50 %
  • Loan Term Months: 360.00
  • Points: $255

Other Assumptions

  • Closing Cost: $ 340
  • Rental Holding Period: 4.00


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