REI Lense

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$2,648 (target)

21 Clearbrook Dr, Franklin, OH 45005

3 beds • 2 baths • 1216 sqft

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This property might be a fair Mid-Term investment with a projected 2.23% first-year return on $67,287 initial cash invested.

2.23%

Cash On Cash

7.64%

Cap Rate

1.18

DSCR

$2,648

Rent

$125

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,648 income − $2,523 expenses = $125 cash flow

Income$2,648Mortgage P&I$1,26348%Property Taxes$27610%Insurance$843%Management$31812%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29111%Cash Flow$125

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,287

Downpayment

20%

$46,940

Closing costs

1%

$2,347

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,648

Total Expenses

$2,523

Mortgage P&I

48%

$1,263

Property Taxes

10%

$276

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$318

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$291

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