REI Lense

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$2,325 (target)

1424 W Gibson St, Scranton, PA 18504

3 beds • 2 baths • 1405 sqft

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This property might be a fair Mid-Term investment with a projected 5.37% first-year return on $54,939 initial cash invested.

5.37%

Cash On Cash

8.88%

Cap Rate

1.35

DSCR

$2,325

Rent

$246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,325 income − $2,079 expenses = $246 cash flow

Income$2,325Mortgage P&I$96241%Property Taxes$24911%Insurance$773%Management$27912%CapEx$934%Vacancy$703%Maintenance$934%Other$25611%Cash Flow$246

Investment Breakdown

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Purchase Price

$176k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,939

Downpayment

20%

$35,180

Closing costs

1%

$1,759

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,325

Total Expenses

$2,079

Mortgage P&I

41%

$962

Property Taxes

11%

$249

Home Insurance

3%

$77

HOA

0%

$0

Property Management

12%

$279

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$256

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