REI Lense

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$2,534 (target)

109 Oak Ridge Dr, Butler, PA 16002

3 beds • 2 baths • 1529 sqft

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This property looks like a bad Mid-Term investment with a projected -7.78% first-year return on $99,291 initial cash invested.

-7.78%

Cash On Cash

4.34%

Cap Rate

0.72

DSCR

$2,534

Rent

-$644

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,534 income − $3,178 expenses = $644 out of pocket

Income$2,534Out of Pocket$644Mortgage P&I$1,94477%Property Taxes$2249%Insurance$1496%Management$30412%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27911%

Investment Breakdown

|

Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,291

Downpayment

20%

$77,420

Closing costs

1%

$3,871

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,534

Total Expenses

$3,178

Mortgage P&I

77%

$1,944

Property Taxes

9%

$224

Home Insurance

6%

$149

HOA

0%

$0

Property Management

12%

$304

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$279

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