REI Lense

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$2,190 (target)

1126 Burt St, Springfield, OH 45505

3 beds • 2 baths • 1292 sqft

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This property might be a fair Mid-Term investment with a projected 1.3% first-year return on $61,995 initial cash invested.

1.3%

Cash On Cash

7.39%

Cap Rate

1.14

DSCR

$2,190

Rent

$67

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,190 income − $2,123 expenses = $67 cash flow

Income$2,190Mortgage P&I$1,13652%Property Taxes$1668%Insurance$753%Management$26312%CapEx$884%Vacancy$663%Maintenance$884%Other$24111%Cash Flow$67

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,995

Downpayment

20%

$41,900

Closing costs

1%

$2,095

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,190

Total Expenses

$2,123

Mortgage P&I

52%

$1,136

Property Taxes

8%

$166

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$263

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$241

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