REI Lense

REI Lense

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$2,303 (target)

12 Michigan Dr, Sinking Spring, PA 19608

3 beds • 2 baths • 1608 sqft

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This property looks like a bad Long-Term investment with a projected -9.75% first-year return on $67,683 initial cash invested.

-9.75%

Cash On Cash

4.55%

Cap Rate

0.74

DSCR

$2,303

Rent

-$550

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,303 income − $2,853 expenses = $550 out of pocket

Income$2,303Out of Pocket$550Mortgage P&I$1,65772%Property Taxes$45120%Insurance$1225%HOA$251%Management$23010%CapEx$1155%Vacancy$1386%Maintenance$1155%

Investment Breakdown

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Purchase Price

$322k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,683

Downpayment

20%

$64,460

Closing costs

1%

$3,223

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,303

Total Expenses

$2,853

Mortgage P&I

72%

$1,657

Property Taxes

20%

$451

Home Insurance

5%

$122

HOA

1%

$25

Property Management

10%

$230

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

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