REI Lense

REI Lense

$2,420 (target)

15058 Glynwood New Knoxville Rd, Saint Marys, OH 45885

3 beds • 2 baths • 1512 sqft

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This property looks like a bad Mid-Term investment with a projected -7% first-year return on $82,848 initial cash invested.

-7%

Cash On Cash

5.25%

Cap Rate

0.78

DSCR

$2,420

Rent

-$483

Cashflow

Cash Flow

$2,420 income − $2,903 expenses = $483 out of pocket

Income$2,420Out ofPocket$483P&I$1,73672%Taxes$23210%Insurance$1125%Mgmt$29012%CapEx$974%Vacancy$733%Maint.$974%Other$26611%

Investment Breakdown

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Purchase Price

$309k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,848

Downpayment

20%

$61,760

Closing costs

1%

$3,088

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,420

Total Expenses

$2,903

Mortgage P&I

72%

$1,736

Property Taxes

10%

$232

Home Insurance

5%

$112

HOA

0%

$0

Property Management

12%

$290

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$266

See Saint Marys, OH mid-term rental market →

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