REI Lense

REI Lense

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$1,801 (target)

1331 Township Road 653, Ashland, OH 44805

3 beds • 2 baths • 2114 sqft

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This property looks like a bad Long-Term investment with a projected -19.18% first-year return on $105k initial cash invested.

-19.18%

Cash On Cash

2.22%

Cap Rate

0.37

DSCR

$1,801

Rent

-$1,678

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,801 income − $3,479 expenses = $1,678 out of pocket

Income$1,801Out of Pocket$1,678Mortgage P&I$2,515140%Property Taxes$32118%Insurance$17510%Management$18010%CapEx$905%Vacancy$1086%Maintenance$905%

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$100,000

Closing costs

1%

$5,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,801

Total Expenses

$3,479

Mortgage P&I

140%

$2,515

Property Taxes

18%

$321

Home Insurance

10%

$175

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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