REI Lense

REI Lense

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$1,514 (target)

1212 Broadway, Hanover, PA 17331

3 beds • 2 baths • 1272 sqft

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This property looks like a bad Long-Term investment with a projected -10.7% first-year return on $44,079 initial cash invested.

-10.7%

Cash On Cash

4.65%

Cap Rate

0.72

DSCR

$1,514

Rent

-$393

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,514 income − $1,907 expenses = $393 out of pocket

Income$1,514Out of Pocket$393Mortgage P&I$1,13175%Property Taxes$30820%Insurance$745%Management$15110%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,079

Downpayment

20%

$41,980

Closing costs

1%

$2,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,514

Total Expenses

$1,907

Mortgage P&I

75%

$1,131

Property Taxes

20%

$308

Home Insurance

5%

$74

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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