REI Lense

REI Lense

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$2,366 (target)

1013 Washington Ave, Defiance, OH 43512

3 beds • 2 baths • 1744 sqft

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This property could be a profitable Mid-Term investment with a projected 12.59% first-year return on $50,403 initial cash invested.

12.59%

Cash On Cash

11.4%

Cap Rate

1.74

DSCR

$2,366

Rent

$529

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$154k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,403

Downpayment

20%

$30,860

Closing costs

1%

$1,543

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,366

Total Expenses

$1,837

Mortgage P&I

36%

$842

Property Taxes

5%

$127

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$284

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$260

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