REI Lense

REI Lense

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$3,378 (target)

2116 Tullis Dr, Middletown, OH 45042

3 beds • 3 baths • 2883 sqft

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This property might be a fair Long-Term investment with a projected 5.75% first-year return on $69,657 initial cash invested.

5.75%

Cash On Cash

7.67%

Cap Rate

1.31

DSCR

$3,378

Rent

$334

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,657

Downpayment

20%

$66,340

Closing costs

1%

$3,317

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,378

Total Expenses

$3,044

Mortgage P&I

48%

$1,618

Property Taxes

13%

$429

Home Insurance

3%

$118

HOA

0%

$0

Property Management

10%

$338

CapEx

5%

$169

Vacancy

6%

$203

Maintenance

5%

$169

Other

0%

$0

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