REI Lense

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$3,664 (target)

1008 Hialea Ct, Holland, OH 43528

3 beds • 3 baths • 2092 sqft

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This property looks like a bad Mid-Term investment with a projected -6.17% first-year return on $109k initial cash invested.

-6.17%

Cash On Cash

4.83%

Cap Rate

0.81

DSCR

$3,664

Rent

-$562

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,664 income − $4,226 expenses = $562 out of pocket

Income$3,664Out of Pocket$562Mortgage P&I$2,16859%Property Taxes$67118%Insurance$1404%Management$44012%CapEx$1474%Vacancy$1103%Maintenance$1474%Other$40311%

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$87,020

Closing costs

1%

$4,351

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,664

Total Expenses

$4,226

Mortgage P&I

59%

$2,168

Property Taxes

18%

$671

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$440

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$403

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