REI Lense

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$1,909 (target)

20028 Westlake Lee Rd, Marysville, OH 43040

3 beds • 2 baths • 1404 sqft

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This property looks like a bad Long-Term investment with a projected -18.44% first-year return on $95,361 initial cash invested.

-18.44%

Cash On Cash

2.36%

Cap Rate

0.39

DSCR

$1,909

Rent

-$1,465

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,909 income − $3,374 expenses = $1,465 out of pocket

Income$1,909Out of Pocket$1,465Mortgage P&I$2,263119%Property Taxes$45124%Insurance$1649%Management$19110%CapEx$955%Vacancy$1156%Maintenance$955%

Investment Breakdown

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Purchase Price

$454k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,361

Downpayment

20%

$90,820

Closing costs

1%

$4,541

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,909

Total Expenses

$3,374

Mortgage P&I

119%

$2,263

Property Taxes

24%

$451

Home Insurance

9%

$164

HOA

0%

$0

Property Management

10%

$191

CapEx

5%

$95

Vacancy

6%

$115

Maintenance

5%

$95

Other

0%

$0

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