REI Lense

REI Lense

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$1,223 (target)

107 Ark Ave, Greenville, OH 45331

3 beds • 2 baths • 1443 sqft

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This property looks like a bad Long-Term investment with a projected -12.35% first-year return on $43,239 initial cash invested.

-12.35%

Cash On Cash

4.31%

Cap Rate

0.66

DSCR

$1,223

Rent

-$445

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,223 income − $1,668 expenses = $445 out of pocket

Income$1,223Out of Pocket$445Mortgage P&I$1,12492%Property Taxes$15012%Insurance$776%Management$12210%CapEx$615%Vacancy$736%Maintenance$615%

Investment Breakdown

|

Purchase Price

$206k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,239

Downpayment

20%

$41,180

Closing costs

1%

$2,059

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,223

Total Expenses

$1,668

Mortgage P&I

92%

$1,124

Property Taxes

12%

$150

Home Insurance

6%

$77

HOA

0%

$0

Property Management

10%

$122

CapEx

5%

$61

Vacancy

6%

$73

Maintenance

5%

$61

Other

0%

$0

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