REI Lense

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$3,106 (target)

1132 S Hill Rd, Erie, PA 16509

3 beds • 3 baths • 1750 sqft

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This property looks like a bad Mid-Term investment with a projected -1.65% first-year return on $87,783 initial cash invested.

-1.65%

Cash On Cash

6.18%

Cap Rate

1

DSCR

$3,106

Rent

-$121

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,106 income − $3,227 expenses = $121 out of pocket

Income$3,106Out of Pocket$121Mortgage P&I$1,70855%Property Taxes$34211%Insurance$1214%Management$37312%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34211%

Investment Breakdown

|

Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,783

Downpayment

20%

$66,460

Closing costs

1%

$3,323

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,106

Total Expenses

$3,227

Mortgage P&I

55%

$1,708

Property Taxes

11%

$342

Home Insurance

4%

$121

HOA

0%

$0

Property Management

12%

$373

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$342

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