REI Lense

REI Lense

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$1,527 (target)

1171 Columbus Ave, Fostoria, OH 44830

3 beds • 2 baths • 2845 sqft

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This property looks like a bad Long-Term investment with a projected -13.03% first-year return on $62,979 initial cash invested.

-13.03%

Cash On Cash

3.57%

Cap Rate

0.59

DSCR

$1,527

Rent

-$684

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,527 income − $2,211 expenses = $684 out of pocket

Income$1,527Out of Pocket$684Mortgage P&I$1,49998%Property Taxes$21014%Insurance$1057%Management$15310%CapEx$765%Vacancy$926%Maintenance$765%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,527

Total Expenses

$2,211

Mortgage P&I

98%

$1,499

Property Taxes

14%

$210

Home Insurance

7%

$105

HOA

0%

$0

Property Management

10%

$153

CapEx

5%

$76

Vacancy

6%

$92

Maintenance

5%

$76

Other

0%

$0

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