REI Lense

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$1,687 (target)

1000 Langdale Ave, New Carlisle, OH 45344

3 beds • 2 baths • 1025 sqft

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This property looks like a bad Long-Term investment with a projected -1.39% first-year return on $41,433 initial cash invested.

-1.39%

Cash On Cash

6.63%

Cap Rate

1.03

DSCR

$1,687

Rent

-$48

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,687 income − $1,735 expenses = $48 out of pocket

Income$1,687Out of Pocket$48Mortgage P&I$1,05462%Property Taxes$17310%Insurance$704%Management$16910%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

|

Purchase Price

$197k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,433

Downpayment

20%

$39,460

Closing costs

1%

$1,973

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,687

Total Expenses

$1,735

Mortgage P&I

62%

$1,054

Property Taxes

10%

$173

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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