REI Lense

REI Lense

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This property might be a fair Long-Term investment with a projected 5.74% first-year return on $42,000 initial cash invested.

5.74%

Cash On Cash

7.7%

Cap Rate

1.31

DSCR

$2,050

Rent

$201

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,050 income − $1,849 expenses = $201 cash flow

Income$2,050Mortgage P&I$98048%Property Taxes$23812%Insurance$995%Management$20510%CapEx$1025%Vacancy$1236%Maintenance$1025%Cash Flow$201

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,000

Downpayment

20%

$40,000

Closing costs

1%

$2,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,050

Total Expenses

$1,849

Mortgage P&I

48%

$980

Property Taxes

12%

$238

Home Insurance

5%

$99

HOA

0%

$0

Property Management

10%

$205

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

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