REI Lense

REI Lense

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$1,453 (target)

17902 State Route 2, Wauseon, OH 43567

3 beds • 2 baths • 960 sqft

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This property might be a fair Long-Term investment with a projected 1.05% first-year return on $34,125 initial cash invested.

1.05%

Cash On Cash

7.33%

Cap Rate

1.12

DSCR

$1,453

Rent

$30

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,453 income − $1,423 expenses = $30 cash flow

Income$1,453Mortgage P&I$89061%Property Taxes$977%Insurance$584%Management$14510%CapEx$735%Vacancy$876%Maintenance$735%Cash Flow$30

Investment Breakdown

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Purchase Price

$163k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,125

Downpayment

20%

$32,500

Closing costs

1%

$1,625

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,453

Total Expenses

$1,423

Mortgage P&I

61%

$890

Property Taxes

7%

$97

Home Insurance

4%

$58

HOA

0%

$0

Property Management

10%

$145

CapEx

5%

$73

Vacancy

6%

$87

Maintenance

5%

$73

Other

0%

$0

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