REI Lense

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$4,929 (target)

1268 Woodsview Dr, Akron, OH 44313

3 beds • 5 baths • 4588 sqft

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This property looks like a bad Long-Term investment with a projected -11.93% first-year return on $162k initial cash invested.

-11.93%

Cash On Cash

4.04%

Cap Rate

0.66

DSCR

$4,929

Rent

-$1,613

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,929 income − $6,542 expenses = $1,613 out of pocket

Income$4,929Out of Pocket$1,613Mortgage P&I$3,97181%Property Taxes$97220%Insurance$2806%HOA$381%Management$49310%CapEx$2465%Vacancy$2966%Maintenance$2465%

Investment Breakdown

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Purchase Price

$773k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$162k

Downpayment

20%

$155k

Closing costs

1%

$7,728

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,929

Total Expenses

$6,542

Mortgage P&I

81%

$3,971

Property Taxes

20%

$972

Home Insurance

6%

$280

HOA

1%

$38

Property Management

10%

$493

CapEx

5%

$246

Vacancy

6%

$296

Maintenance

5%

$246

Other

0%

$0

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