REI Lense

REI Lense

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$1,696 (target)

125 Lincoln Ave, Bellefontaine, OH 43311

3 beds • 2 baths • 1792 sqft

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This property might be a fair Long-Term investment with a projected 4.44% first-year return on $34,587 initial cash invested.

4.44%

Cash On Cash

7.95%

Cap Rate

1.24

DSCR

$1,696

Rent

$128

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,696 income − $1,568 expenses = $128 cash flow

Income$1,696Mortgage P&I$87852%Property Taxes$19011%Insurance$583%Management$17010%CapEx$855%Vacancy$1026%Maintenance$855%Cash Flow$128

Investment Breakdown

|

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,587

Downpayment

20%

$32,940

Closing costs

1%

$1,647

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,696

Total Expenses

$1,568

Mortgage P&I

52%

$878

Property Taxes

11%

$190

Home Insurance

3%

$58

HOA

0%

$0

Property Management

10%

$170

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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