REI Lense

REI Lense

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$1,901 (target)

1613 Raymond Ave, Bellefontaine, OH 43311

3 beds • 2 baths • 1952 sqft

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This property looks like a bad Long-Term investment with a projected -13.25% first-year return on $88,767 initial cash invested.

-13.25%

Cash On Cash

3.53%

Cap Rate

0.58

DSCR

$1,901

Rent

-$980

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,901 income − $2,881 expenses = $980 out of pocket

Income$1,901Out of Pocket$980Mortgage P&I$2,129112%Property Taxes$663%Insurance$19210%Management$19010%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

|

Purchase Price

$423k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,767

Downpayment

20%

$84,540

Closing costs

1%

$4,227

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,901

Total Expenses

$2,881

Mortgage P&I

112%

$2,129

Property Taxes

3%

$66

Home Insurance

10%

$192

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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