REI Lense

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$3,795 (target)

1588 Apple Valley Dr, Howard, OH 43028

3 beds • 3 baths • 2700 sqft

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This property might be a fair Mid-Term investment with a projected 9.44% first-year return on $79,845 initial cash invested.

9.44%

Cash On Cash

9.22%

Cap Rate

1.53

DSCR

$3,795

Rent

$628

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,795 income − $3,167 expenses = $628 cash flow

Income$3,795Mortgage P&I$1,48239%Property Taxes$2908%Insurance$1053%Management$45512%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41711%Cash Flow$628

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,845

Downpayment

20%

$58,900

Closing costs

1%

$2,945

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,795

Total Expenses

$3,167

Mortgage P&I

39%

$1,482

Property Taxes

8%

$290

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$455

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$417

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