REI Lense

REI Lense

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$1,647 (target)

1409 Broadway, Piqua, OH 45356

3 beds • 2 baths • 2180 sqft

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This property looks like a bad Long-Term investment with a projected -14.96% first-year return on $78,750 initial cash invested.

-14.96%

Cash On Cash

3.11%

Cap Rate

0.52

DSCR

$1,647

Rent

-$982

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,647 income − $2,629 expenses = $982 out of pocket

Income$1,647Out of Pocket$982Mortgage P&I$1,872114%Property Taxes$19812%Insurance$1318%Management$16510%CapEx$825%Vacancy$996%Maintenance$825%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,647

Total Expenses

$2,629

Mortgage P&I

114%

$1,872

Property Taxes

12%

$198

Home Insurance

8%

$131

HOA

0%

$0

Property Management

10%

$165

CapEx

5%

$82

Vacancy

6%

$99

Maintenance

5%

$82

Other

0%

$0

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