REI Lense

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$2,322 (target)

1923 Liberty Ave, Ironton, OH 45638

3 beds • 2 baths • 1600 sqft

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This property could be a profitable Mid-Term investment with a projected 56.75% first-year return on $25,736 initial cash invested.

56.75%

Cash On Cash

48.99%

Cap Rate

7.75

DSCR

$2,322

Rent

$1,217

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,322 income − $1,105 expenses = $1,217 cash flow

Income$2,322Mortgage P&I$1948%Property Taxes$1085%Insurance$131%Management$27912%CapEx$934%Vacancy$703%Maintenance$934%Other$25511%Cash Flow$1,217

Investment Breakdown

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Purchase Price

$36,842

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$25,736

Downpayment

20%

$7,368

Closing costs

1%

$368

Rehab

0%

$0

Furnishing

49%

$18,000

Cashflow

Total Income

$2,322

Total Expenses

$1,105

Mortgage P&I

8%

$194

Property Taxes

5%

$108

Home Insurance

1%

$13

HOA

0%

$0

Property Management

12%

$279

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$255

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