REI Lense

REI Lense

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$2,796 (target)

1842 NE 19th St, Lincoln City, OR 97367

3 beds • 2 baths • 1468 sqft

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This property looks like a bad Long-Term investment with a projected -6.49% first-year return on $86,142 initial cash invested.

-6.49%

Cash On Cash

5.08%

Cap Rate

0.84

DSCR

$2,796

Rent

-$466

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,796 income − $3,262 expenses = $466 out of pocket

Income$2,796Out of Pocket$466Mortgage P&I$2,06374%Property Taxes$32412%Insurance$1475%Management$28010%CapEx$1405%Vacancy$1686%Maintenance$1405%

Investment Breakdown

|

Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,142

Downpayment

20%

$82,040

Closing costs

1%

$4,102

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,796

Total Expenses

$3,262

Mortgage P&I

74%

$2,063

Property Taxes

12%

$324

Home Insurance

5%

$147

HOA

0%

$0

Property Management

10%

$280

CapEx

5%

$140

Vacancy

6%

$168

Maintenance

5%

$140

Other

0%

$0

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