REI Lense

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$2,589 (target)

2190 Hawthorne Dr, Defiance, OH 43512

3 beds • 2 baths • 1441 sqft

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This property might be a fair Mid-Term investment with a projected 6.45% first-year return on $61,050 initial cash invested.

6.45%

Cash On Cash

9.07%

Cap Rate

1.39

DSCR

$2,589

Rent

$328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,589 income − $2,261 expenses = $328 cash flow

Income$2,589Mortgage P&I$1,11743%Property Taxes$1737%Insurance$743%HOA$151%Management$31112%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28511%Cash Flow$328

Investment Breakdown

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Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,050

Downpayment

20%

$41,000

Closing costs

1%

$2,050

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,589

Total Expenses

$2,261

Mortgage P&I

43%

$1,117

Property Taxes

7%

$173

Home Insurance

3%

$74

HOA

1%

$15

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

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