REI Lense

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$1,376 (target)

15724 Sherri Rd, Mount Vernon, OH 43050

3 beds • 2 baths • 1132 sqft

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This property looks like a bad Long-Term investment with a projected -17.41% first-year return on $55,776 initial cash invested.

-17.41%

Cash On Cash

2.65%

Cap Rate

0.44

DSCR

$1,376

Rent

-$809

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,376 income − $2,185 expenses = $809 out of pocket

Income$1,376Out of Pocket$809Mortgage P&I$1,32696%Property Taxes$40630%Insurance$947%Management$13810%CapEx$695%Vacancy$836%Maintenance$695%

Investment Breakdown

|

Purchase Price

$266k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,776

Downpayment

20%

$53,120

Closing costs

1%

$2,656

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,376

Total Expenses

$2,185

Mortgage P&I

96%

$1,326

Property Taxes

30%

$406

Home Insurance

7%

$94

HOA

0%

$0

Property Management

10%

$138

CapEx

5%

$69

Vacancy

6%

$83

Maintenance

5%

$69

Other

0%

$0

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