REI Lense

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$2,289 (target)

1828 University Blvd, Lima, OH 45805

3 beds • 2 baths • 1126 sqft

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This property might be a fair Mid-Term investment with a projected 9.14% first-year return on $54,645 initial cash invested.

9.14%

Cash On Cash

9.9%

Cap Rate

1.55

DSCR

$2,289

Rent

$416

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,289 income − $1,873 expenses = $416 cash flow

Income$2,289Mortgage P&I$93241%Property Taxes$1004%Insurance$613%Management$27512%CapEx$924%Vacancy$693%Maintenance$924%Other$25211%Cash Flow$416

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,645

Downpayment

20%

$34,900

Closing costs

1%

$1,745

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,289

Total Expenses

$1,873

Mortgage P&I

41%

$932

Property Taxes

4%

$100

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$275

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$252

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