REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,254 (target)

1042 Hayes St, Erie, PA 16504

3 beds • 2 baths • 1497 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.59% first-year return on $55,968 initial cash invested.

2.59%

Cash On Cash

7.98%

Cap Rate

1.21

DSCR

$2,254

Rent

$121

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,254 income − $2,133 expenses = $121 cash flow

Income$2,254Mortgage P&I$99244%Property Taxes$31014%Insurance$653%Management$27012%CapEx$904%Vacancy$683%Maintenance$904%Other$24811%Cash Flow$121

Investment Breakdown

|

Purchase Price

$181k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,968

Downpayment

20%

$36,160

Closing costs

1%

$1,808

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,254

Total Expenses

$2,133

Mortgage P&I

44%

$992

Property Taxes

14%

$310

Home Insurance

3%

$65

HOA

0%

$0

Property Management

12%

$270

CapEx

4%

$90

Vacancy

3%

$68

Maintenance

4%

$90

Other

11%

$248

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis