REI Lense

REI Lense

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$2,444 (target)

206 Terrace Dr, Findlay, OH 45840

3 beds • 2 baths • 1276 sqft

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This property might be a fair Mid-Term investment with a projected 8.32% first-year return on $58,152 initial cash invested.

8.32%

Cash On Cash

9.56%

Cap Rate

1.49

DSCR

$2,444

Rent

$403

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$191k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,152

Downpayment

20%

$38,240

Closing costs

1%

$1,912

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,444

Total Expenses

$2,041

Mortgage P&I

42%

$1,022

Property Taxes

5%

$120

Home Insurance

3%

$68

HOA

0%

$0

Property Management

12%

$293

CapEx

4%

$98

Vacancy

3%

$73

Maintenance

4%

$98

Other

11%

$269

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