REI Lense

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$1,524 (target)

1473 Knight Rd, Urbana, OH 43078

3 beds • 2 baths • 1452 sqft

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This property looks like a bad Long-Term investment with a projected -9.07% first-year return on $54,222 initial cash invested.

-9.07%

Cash On Cash

4.35%

Cap Rate

0.74

DSCR

$1,524

Rent

-$410

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,524 income − $1,934 expenses = $410 out of pocket

Income$1,524Out of Pocket$410Mortgage P&I$1,26983%Property Taxes$17812%Insurance$926%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,222

Downpayment

20%

$51,640

Closing costs

1%

$2,582

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,524

Total Expenses

$1,934

Mortgage P&I

83%

$1,269

Property Taxes

12%

$178

Home Insurance

6%

$92

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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