REI Lense

REI Lense

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$1,765 (target)

21 Clearbrook Dr, Franklin, OH 45005

3 beds • 2 baths • 1216 sqft

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This property looks like a bad Long-Term investment with a projected -7.69% first-year return on $49,287 initial cash invested.

-7.69%

Cash On Cash

5.29%

Cap Rate

0.82

DSCR

$1,765

Rent

-$316

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,765 income − $2,081 expenses = $316 out of pocket

Income$1,765Out of Pocket$316Mortgage P&I$1,26372%Property Taxes$27616%Insurance$845%Management$17610%CapEx$885%Vacancy$1066%Maintenance$885%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,287

Downpayment

20%

$46,940

Closing costs

1%

$2,347

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,765

Total Expenses

$2,081

Mortgage P&I

72%

$1,263

Property Taxes

16%

$276

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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