REI Lense

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$3,160 (target)

1620 Commonwealth Blvd, Reading, PA 19607

3 beds • 3 baths • 2924 sqft

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This property looks like a bad Mid-Term investment with a projected -4.84% first-year return on $94,650 initial cash invested.

-4.84%

Cash On Cash

5.11%

Cap Rate

0.86

DSCR

$3,160

Rent

-$382

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,160 income − $3,542 expenses = $382 out of pocket

Income$3,160Out of Pocket$382Mortgage P&I$1,80957%Property Taxes$53117%Insurance$1284%Management$37912%CapEx$1264%Vacancy$953%Maintenance$1264%Other$34811%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,160

Total Expenses

$3,542

Mortgage P&I

57%

$1,809

Property Taxes

17%

$531

Home Insurance

4%

$128

HOA

0%

$0

Property Management

12%

$379

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$348

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