REI Lense

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$2,522 (target)

161 Hardacre Dr, Xenia, OH 45385

3 beds • 2 baths • 1288 sqft

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This property might be a fair Mid-Term investment with a projected 3.94% first-year return on $63,675 initial cash invested.

3.94%

Cash On Cash

8.1%

Cap Rate

1.27

DSCR

$2,522

Rent

$209

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,522 income − $2,313 expenses = $209 cash flow

Income$2,522Mortgage P&I$1,15946%Property Taxes$2189%Insurance$783%Management$30312%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27711%Cash Flow$209

Investment Breakdown

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Purchase Price

$218k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,675

Downpayment

20%

$43,500

Closing costs

1%

$2,175

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,522

Total Expenses

$2,313

Mortgage P&I

46%

$1,159

Property Taxes

9%

$218

Home Insurance

3%

$78

HOA

0%

$0

Property Management

12%

$303

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$277

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