REI Lense

REI Lense

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$1,485 (target)

1005 E Hendricks Ave, Saint Marys, OH 45885

3 beds • 2 baths • 1221 sqft

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This property might be a fair Long-Term investment with a projected 5.91% first-year return on $31,479 initial cash invested.

5.91%

Cash On Cash

8.46%

Cap Rate

1.28

DSCR

$1,485

Rent

$155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,485 income − $1,330 expenses = $155 cash flow

Income$1,485Mortgage P&I$82856%Property Taxes$654%Insurance$524%Management$14810%CapEx$745%Vacancy$896%Maintenance$745%Cash Flow$155

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,485

Total Expenses

$1,330

Mortgage P&I

56%

$828

Property Taxes

4%

$65

Home Insurance

4%

$52

HOA

0%

$0

Property Management

10%

$148

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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