REI Lense

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$3,154 (target)

10 Fairway Dr, Springboro, OH 45066

3 beds • 3 baths • 2523 sqft

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This property looks like a bad Long-Term investment with a projected -1.71% first-year return on $80,598 initial cash invested.

-1.71%

Cash On Cash

6.17%

Cap Rate

1.02

DSCR

$3,154

Rent

-$115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,154 income − $3,269 expenses = $115 out of pocket

Income$3,154Out of Pocket$115Mortgage P&I$1,93161%Property Taxes$37812%Insurance$1404%Management$31510%CapEx$1585%Vacancy$1896%Maintenance$1585%

Investment Breakdown

|

Purchase Price

$384k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,598

Downpayment

20%

$76,760

Closing costs

1%

$3,838

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,154

Total Expenses

$3,269

Mortgage P&I

61%

$1,931

Property Taxes

12%

$378

Home Insurance

4%

$140

HOA

0%

$0

Property Management

10%

$315

CapEx

5%

$158

Vacancy

6%

$189

Maintenance

5%

$158

Other

0%

$0

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