REI Lense

REI Lense

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$1,230 (target)

2006 Baltimore Ave, Cincinnati, OH 45225

3 beds • 2 baths • 1248 sqft

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This property might be a fair Long-Term investment with a projected 5.91% first-year return on $25,179 initial cash invested.

5.91%

Cash On Cash

7.96%

Cap Rate

1.31

DSCR

$1,230

Rent

$124

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,230 income − $1,106 expenses = $124 cash flow

Income$1,230Mortgage P&I$60950%Property Taxes$13411%Insurance$423%Management$12310%CapEx$625%Vacancy$746%Maintenance$625%Cash Flow$124

Investment Breakdown

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Purchase Price

$120k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$25,179

Downpayment

20%

$23,980

Closing costs

1%

$1,199

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,230

Total Expenses

$1,106

Mortgage P&I

50%

$609

Property Taxes

11%

$134

Home Insurance

3%

$42

HOA

0%

$0

Property Management

10%

$123

CapEx

5%

$62

Vacancy

6%

$74

Maintenance

5%

$62

Other

0%

$0

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