REI Lense

REI Lense

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$1,428 (target)

19851 Road 1048, Defiance, OH 43512

3 beds • 2 baths • 1608 sqft

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This property looks like a bad Long-Term investment with a projected -1.55% first-year return on $36,393 initial cash invested.

-1.55%

Cash On Cash

6.74%

Cap Rate

1.03

DSCR

$1,428

Rent

-$47

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,428 income − $1,475 expenses = $47 out of pocket

Income$1,428Out of Pocket$47Mortgage P&I$94966%Property Taxes$977%Insurance$584%Management$14310%CapEx$715%Vacancy$866%Maintenance$715%

Investment Breakdown

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Purchase Price

$173k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,393

Downpayment

20%

$34,660

Closing costs

1%

$1,733

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,428

Total Expenses

$1,475

Mortgage P&I

66%

$949

Property Taxes

7%

$97

Home Insurance

4%

$58

HOA

0%

$0

Property Management

10%

$143

CapEx

5%

$71

Vacancy

6%

$86

Maintenance

5%

$71

Other

0%

$0

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