Property Information

IN ESCROW
3 Bedroom in Dayton, OH!
Dayton, OH 45405
3 bedroom, 1 Bath - built in 1929
Square Feet1,501
Initial Market Value$79,900
Purchase Price$79,900
Downpayment$19,975
Loan Origination Fees$599
Depreciable Closing Costs$3,995
Other Closing Costs and Fixup$0
Initial Cash Invested$24,569
Cost per Square Foot$53
Monthly Rent per Square Foot$0.57
IncomeMonthlyAnnual
Gross Rent$850$10,200
Vacancy Losses($68)($816)
Operating Income$782$9,384
ExpensesMonthlyAnnual
Property Taxes($87)($1,039)
Insurance($53)($639)
Management Fees($63)($751)
Leasing/Advertising Fees$0$0
Association Fees$0$0
Maintenance($68)($816)
Other$0$0
Operating Expenses($270)($3,245)
Net PerformanceMonthlyAnnual
Net Operating Income$512$6,139
- Mortgage Payments($340)($4,083)
= Cash Flow$171$2,056
+ Principal Reduction$67$807
+ First-Year Appreciation$400$4,794
= Gross Equity Income$638$7,658
+ Tax Savings$0$0
= GEI w/Tax Savings$638$7,658
Mortgage InfoFirstSecond
Loan-to-Value Ratio75%0%
Loan Amount$59,925$0
Monthly Payment$340.25$0.00
Loan TypeAmortizing Fixed
Term30 Years
Interest Rate5.500%0.000%
Monthly PMI$0
Financial Indicators
Debt Coverage Ratio1.50
Annual Gross Rent Multiplier8
Monthly Gross Rent Multiplier94
Capitalization Rate7.7%
Cash on Cash Return8%
Total Return on Investment31%
Total ROI with Tax Savings31%
Assumptions
Real Estate Appreciation Rate6%
Vacancy Rate8%
Management Fee8%
Maintenance Percentage8%
Comments
Single-family property with 3 bedrooms and 1 bathroom. Great location just northwest of downtown Dayton with quick access to highways and area shopping and dining.
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.