REI Lense

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$1,592 (target)

1602 Olde Dominion Dr, Altoona, PA 16602

3 beds • 2 baths • 1764 sqft

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This property looks like a bad Long-Term investment with a projected -9.1% first-year return on $47,859 initial cash invested.

-9.1%

Cash On Cash

5.07%

Cap Rate

0.77

DSCR

$1,592

Rent

-$363

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,592 income − $1,955 expenses = $363 out of pocket

Income$1,592Out of Pocket$363Mortgage P&I$1,24578%Property Taxes$21514%Insurance$805%Management$15910%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$228k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,859

Downpayment

20%

$45,580

Closing costs

1%

$2,279

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,592

Total Expenses

$1,955

Mortgage P&I

78%

$1,245

Property Taxes

14%

$215

Home Insurance

5%

$80

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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