REI Lense

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$1,269 (target)

1523 Fulton Rd NW, Canton, OH 44703

3 beds • 2 baths • 1706 sqft

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This property looks like a bad Long-Term investment with a projected -9.25% first-year return on $38,283 initial cash invested.

-9.25%

Cash On Cash

5.09%

Cap Rate

0.77

DSCR

$1,269

Rent

-$295

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,269 income − $1,564 expenses = $295 out of pocket

Income$1,269Out of Pocket$295Mortgage P&I$1,00679%Property Taxes$17714%Insurance$524%Management$12710%CapEx$635%Vacancy$766%Maintenance$635%

Investment Breakdown

|

Purchase Price

$182k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,283

Downpayment

20%

$36,460

Closing costs

1%

$1,823

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,269

Total Expenses

$1,564

Mortgage P&I

79%

$1,006

Property Taxes

14%

$177

Home Insurance

4%

$52

HOA

0%

$0

Property Management

10%

$127

CapEx

5%

$63

Vacancy

6%

$76

Maintenance

5%

$63

Other

0%

$0

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