REI Lense

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$1,605 (target)

1105 Lenox St, Piqua, OH 45356

3 beds • 2 baths • 1539 sqft

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This property looks like a bad Long-Term investment with a projected -4.68% first-year return on $43,050 initial cash invested.

-4.68%

Cash On Cash

5.88%

Cap Rate

0.92

DSCR

$1,605

Rent

-$168

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,605 income − $1,773 expenses = $168 out of pocket

Income$1,605Out of Pocket$168Mortgage P&I$1,09368%Property Taxes$19212%Insurance$724%Management$16010%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,050

Downpayment

20%

$41,000

Closing costs

1%

$2,050

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,605

Total Expenses

$1,773

Mortgage P&I

68%

$1,093

Property Taxes

12%

$192

Home Insurance

4%

$72

HOA

0%

$0

Property Management

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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