REI Lense

REI Lense

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$1,372 (target)

1915 Woodlawn Ave, Middletown, OH 45044

3 beds • 2 baths • 1060 sqft

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This property might be a fair Long-Term investment with a projected 1.68% first-year return on $30,765 initial cash invested.

1.68%

Cash On Cash

7.32%

Cap Rate

1.14

DSCR

$1,372

Rent

$43

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,372 income − $1,329 expenses = $43 cash flow

Income$1,372Mortgage P&I$78257%Property Taxes$13810%Insurance$524%Management$13710%CapEx$695%Vacancy$826%Maintenance$695%Cash Flow$43

Investment Breakdown

|

Purchase Price

$147k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,765

Downpayment

20%

$29,300

Closing costs

1%

$1,465

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,372

Total Expenses

$1,329

Mortgage P&I

57%

$782

Property Taxes

10%

$138

Home Insurance

4%

$52

HOA

0%

$0

Property Management

10%

$137

CapEx

5%

$69

Vacancy

6%

$82

Maintenance

5%

$69

Other

0%

$0

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