REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,811 (target)

1839 Linwood Ave, Erie, PA 16510

3 beds • 2 baths • 1728 sqft

Email

This property might be a fair Long-Term investment with a projected 6.36% first-year return on $33,936 initial cash invested.

6.36%

Cash On Cash

8.72%

Cap Rate

1.3

DSCR

$1,811

Rent

$180

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,811 income − $1,631 expenses = $180 cash flow

Income$1,811Mortgage P&I$90350%Property Taxes$19811%Insurance$583%Management$18110%CapEx$915%Vacancy$1096%Maintenance$915%Cash Flow$180

Investment Breakdown

|

Purchase Price

$162k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,936

Downpayment

20%

$32,320

Closing costs

1%

$1,616

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,811

Total Expenses

$1,631

Mortgage P&I

50%

$903

Property Taxes

11%

$198

Home Insurance

3%

$58

HOA

0%

$0

Property Management

10%

$181

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis