REI Lense

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$1,699 (target)

1277 Cherry Tree Ct, Maumee, OH 43537

3 beds • 2 baths • 968 sqft

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This property looks like a bad Long-Term investment with a projected -5.33% first-year return on $42,588 initial cash invested.

-5.33%

Cash On Cash

5.98%

Cap Rate

0.91

DSCR

$1,699

Rent

-$189

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,699 income − $1,888 expenses = $189 out of pocket

Income$1,699Out of Pocket$189Mortgage P&I$1,11466%Property Taxes$26015%Insurance$724%Management$17010%CapEx$855%Vacancy$1026%Maintenance$855%

Investment Breakdown

|

Purchase Price

$203k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,588

Downpayment

20%

$40,560

Closing costs

1%

$2,028

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,699

Total Expenses

$1,888

Mortgage P&I

66%

$1,114

Property Taxes

15%

$260

Home Insurance

4%

$72

HOA

0%

$0

Property Management

10%

$170

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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