REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,764 (target)

109 Ridge St, Reading, PA 19607

3 beds • 2 baths • 1354 sqft

Email

This property looks like a bad Long-Term investment with a projected -4.03% first-year return on $46,179 initial cash invested.

-4.03%

Cash On Cash

6.08%

Cap Rate

0.94

DSCR

$1,764

Rent

-$155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,764 income − $1,919 expenses = $155 out of pocket

Income$1,764Out of Pocket$155Mortgage P&I$1,18167%Property Taxes$20312%Insurance$774%Management$17610%CapEx$885%Vacancy$1066%Maintenance$885%

Investment Breakdown

|

Purchase Price

$220k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,179

Downpayment

20%

$43,980

Closing costs

1%

$2,199

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,764

Total Expenses

$1,919

Mortgage P&I

67%

$1,181

Property Taxes

12%

$203

Home Insurance

4%

$77

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis