REI Lense

REI Lense

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$1,698 (target)

21766 Switzer Rd, Defiance, OH 43512

3 beds • 2 baths • 1392 sqft

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This property might be a fair Long-Term investment with a projected 1.04% first-year return on $40,215 initial cash invested.

1.04%

Cash On Cash

7.18%

Cap Rate

1.12

DSCR

$1,698

Rent

$35

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,698 income − $1,663 expenses = $35 cash flow

Income$1,698Mortgage P&I$1,02660%Property Taxes$1288%Insurance$674%Management$17010%CapEx$855%Vacancy$1026%Maintenance$855%Cash Flow$35

Investment Breakdown

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Purchase Price

$192k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,215

Downpayment

20%

$38,300

Closing costs

1%

$1,915

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,698

Total Expenses

$1,663

Mortgage P&I

60%

$1,026

Property Taxes

8%

$128

Home Insurance

4%

$67

HOA

0%

$0

Property Management

10%

$170

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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