REI Lense

REI Lense

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$1,550 (target)

1424 W Gibson St, Scranton, PA 18504

3 beds • 2 baths • 1405 sqft

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This property looks like a bad Long-Term investment with a projected -4.61% first-year return on $36,939 initial cash invested.

-4.61%

Cash On Cash

6.13%

Cap Rate

0.93

DSCR

$1,550

Rent

-$142

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,550 income − $1,692 expenses = $142 out of pocket

Income$1,550Out of Pocket$142Mortgage P&I$96262%Property Taxes$24916%Insurance$775%Management$15510%CapEx$785%Vacancy$936%Maintenance$785%

Investment Breakdown

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Purchase Price

$176k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,939

Downpayment

20%

$35,180

Closing costs

1%

$1,759

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,550

Total Expenses

$1,692

Mortgage P&I

62%

$962

Property Taxes

16%

$249

Home Insurance

5%

$77

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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