REI Lense

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$1,574 (target)

1636 Queenswood Dr, Findlay, OH 45840

3 beds • 2 baths • 1368 sqft

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This property looks like a bad Long-Term investment with a projected -8.99% first-year return on $52,479 initial cash invested.

-8.99%

Cash On Cash

4.89%

Cap Rate

0.76

DSCR

$1,574

Rent

-$393

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,574 income − $1,967 expenses = $393 out of pocket

Income$1,574Out of Pocket$393Mortgage P&I$1,33285%Property Taxes$1389%Insurance$886%Management$15710%CapEx$795%Vacancy$946%Maintenance$795%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,574

Total Expenses

$1,967

Mortgage P&I

85%

$1,332

Property Taxes

9%

$138

Home Insurance

6%

$88

HOA

0%

$0

Property Management

10%

$157

CapEx

5%

$79

Vacancy

6%

$94

Maintenance

5%

$79

Other

0%

$0

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