REI Lense

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$2,648 (target)

1141 Morado Dr, Cincinnati, OH 45238

3 beds • 2 baths • 2096 sqft

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This property might be a fair Mid-Term investment with a projected 2.36% first-year return on $72,306 initial cash invested.

2.36%

Cash On Cash

7.09%

Cap Rate

1.19

DSCR

$2,648

Rent

$142

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,648 income − $2,506 expenses = $142 cash flow

Income$2,648Mortgage P&I$1,27948%Property Taxes$2339%Insurance$944%Management$31812%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29111%Cash Flow$142

Investment Breakdown

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Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,306

Downpayment

20%

$51,720

Closing costs

1%

$2,586

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,648

Total Expenses

$2,506

Mortgage P&I

48%

$1,279

Property Taxes

9%

$233

Home Insurance

4%

$94

HOA

0%

$0

Property Management

12%

$318

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$291

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