REI Lense

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$1,216 (target)

1033 W North St, Piqua, OH 45356

3 beds • 2 baths • 1297 sqft

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This property could be a profitable Long-Term investment with a projected 10.48% first-year return on $21,525 initial cash invested.

10.48%

Cash On Cash

9.31%

Cap Rate

1.46

DSCR

$1,216

Rent

$188

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,216 income − $1,028 expenses = $188 cash flow

Income$1,216Mortgage P&I$54645%Property Taxes$1049%Insurance$615%Management$12210%CapEx$615%Vacancy$736%Maintenance$615%Cash Flow$188

Investment Breakdown

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Purchase Price

$103k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$21,525

Downpayment

20%

$20,500

Closing costs

1%

$1,025

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,216

Total Expenses

$1,028

Mortgage P&I

45%

$546

Property Taxes

9%

$104

Home Insurance

5%

$61

HOA

0%

$0

Property Management

10%

$122

CapEx

5%

$61

Vacancy

6%

$73

Maintenance

5%

$61

Other

0%

$0

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