REI Lense

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$2,427 (target)

1908 S 9th St, Ironton, OH 45638

3 beds • 2 baths • 1992 sqft

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This property might be a fair Mid-Term investment with a projected 1.31% first-year return on $70,290 initial cash invested.

1.31%

Cash On Cash

7.3%

Cap Rate

1.13

DSCR

$2,427

Rent

$77

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,427 income − $2,350 expenses = $77 cash flow

Income$2,427Mortgage P&I$1,34055%Property Taxes$984%Insurance$874%Management$29112%CapEx$974%Vacancy$733%Maintenance$974%Other$26711%Cash Flow$77

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,290

Downpayment

20%

$49,800

Closing costs

1%

$2,490

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,427

Total Expenses

$2,350

Mortgage P&I

55%

$1,340

Property Taxes

4%

$98

Home Insurance

4%

$87

HOA

0%

$0

Property Management

12%

$291

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$267

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