REI Lense

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$2,344 (target)

129 Hampton Pl, Springfield, OH 45504

3 beds • 2 baths • 2028 sqft

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This property might be a fair Mid-Term investment with a projected 4.26% first-year return on $60,231 initial cash invested.

4.26%

Cash On Cash

8.22%

Cap Rate

1.29

DSCR

$2,344

Rent

$214

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,344 income − $2,130 expenses = $214 cash flow

Income$2,344Mortgage P&I$1,06946%Property Taxes$2129%Insurance$522%Management$28112%CapEx$944%Vacancy$703%Maintenance$944%Other$25811%Cash Flow$214

Investment Breakdown

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Purchase Price

$201k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,231

Downpayment

20%

$40,220

Closing costs

1%

$2,011

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,344

Total Expenses

$2,130

Mortgage P&I

46%

$1,069

Property Taxes

9%

$212

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$281

CapEx

4%

$94

Vacancy

3%

$70

Maintenance

4%

$94

Other

11%

$258

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