REI Lense

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$1,238 (target)

1120 Innisfallen Ave, Springfield, OH 45506

3 beds • 2 baths • 1156 sqft

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This property might be a fair Long-Term investment with a projected 1.89% first-year return on $30,492 initial cash invested.

1.89%

Cash On Cash

7.32%

Cap Rate

1.14

DSCR

$1,238

Rent

$48

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,238 income − $1,190 expenses = $48 cash flow

Income$1,238Mortgage P&I$77663%Property Taxes$403%Insurance$524%Management$12410%CapEx$625%Vacancy$746%Maintenance$625%Cash Flow$48

Investment Breakdown

|

Purchase Price

$145k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,492

Downpayment

20%

$29,040

Closing costs

1%

$1,452

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,238

Total Expenses

$1,190

Mortgage P&I

63%

$776

Property Taxes

3%

$40

Home Insurance

4%

$52

HOA

0%

$0

Property Management

10%

$124

CapEx

5%

$62

Vacancy

6%

$74

Maintenance

5%

$62

Other

0%

$0

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