REI Lense

REI Lense

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$1,271 (target)

1906 Newport Ave, Toledo, OH 43613

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Long-Term investment with a projected -3.09% first-year return on $31,479 initial cash invested.

-3.09%

Cash On Cash

6.35%

Cap Rate

0.98

DSCR

$1,271

Rent

-$81

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,271

Total Expenses

$1,352

Mortgage P&I

64%

$810

Property Taxes

13%

$159

Home Insurance

4%

$52

HOA

0%

$0

Property Management

10%

$127

CapEx

5%

$64

Vacancy

6%

$76

Maintenance

5%

$64

Other

0%

$0

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