REI Lense

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$1,511 (target)

11496 Hiawatha Path, Lakeview, OH 43331

3 beds • 2 baths • 1960 sqft

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This property looks like a bad Long-Term investment with a projected -18.99% first-year return on $83,979 initial cash invested.

-18.99%

Cash On Cash

2.21%

Cap Rate

0.37

DSCR

$1,511

Rent

-$1,329

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,511 income − $2,840 expenses = $1,329 out of pocket

Income$1,511Out of Pocket$1,329Mortgage P&I$1,991132%Property Taxes$31521%Insurance$1409%Management$15110%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,979

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,511

Total Expenses

$2,840

Mortgage P&I

132%

$1,991

Property Taxes

21%

$315

Home Insurance

9%

$140

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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