REI Lense

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$3,106 (target)

1118 Ironwood Dr, Findlay, OH 45840

3 beds • 3 baths • 1937 sqft

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This property looks like a bad Mid-Term investment with a projected -0.67% first-year return on $87,279 initial cash invested.

-0.67%

Cash On Cash

6.43%

Cap Rate

1.04

DSCR

$3,106

Rent

-$49

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,106 income − $3,155 expenses = $49 out of pocket

Income$3,106Out of Pocket$49Mortgage P&I$1,69455%Property Taxes$2899%Insurance$1164%Management$37312%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34211%

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,106

Total Expenses

$3,155

Mortgage P&I

55%

$1,694

Property Taxes

9%

$289

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$373

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$342

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