REI Lense

REI Lense

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$1,353 (target)

122 Palmer Ave, Bowling Green, OH 43402

3 beds • 2 baths • 1512 sqft

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This property looks like a bad Long-Term investment with a projected -11.73% first-year return on $47,250 initial cash invested.

-11.73%

Cash On Cash

4.31%

Cap Rate

0.67

DSCR

$1,353

Rent

-$462

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,353 income − $1,815 expenses = $462 out of pocket

Income$1,353Out of Pocket$462Mortgage P&I$1,20289%Property Taxes$18213%Insurance$796%Management$13510%CapEx$685%Vacancy$816%Maintenance$685%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,353

Total Expenses

$1,815

Mortgage P&I

89%

$1,202

Property Taxes

13%

$182

Home Insurance

6%

$79

HOA

0%

$0

Property Management

10%

$135

CapEx

5%

$68

Vacancy

6%

$81

Maintenance

5%

$68

Other

0%

$0

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