REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,646 (target)

109 Ridge St, Reading, PA 19607

3 beds • 2 baths • 1354 sqft

Email

This property might be a fair Mid-Term investment with a projected 5.33% first-year return on $64,179 initial cash invested.

5.33%

Cash On Cash

8.58%

Cap Rate

1.33

DSCR

$2,646

Rent

$285

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,646 income − $2,361 expenses = $285 cash flow

Income$2,646Mortgage P&I$1,18145%Property Taxes$2038%Insurance$773%Management$31812%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29111%Cash Flow$285

Investment Breakdown

|

Purchase Price

$220k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,179

Downpayment

20%

$43,980

Closing costs

1%

$2,199

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,646

Total Expenses

$2,361

Mortgage P&I

45%

$1,181

Property Taxes

8%

$203

Home Insurance

3%

$77

HOA

0%

$0

Property Management

12%

$318

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$291

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis