REI Lense

REI Lense

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$1,688 (target)

2212 Grandview Ave, Portsmouth, OH 45662

3 beds • 2 baths • 1442 sqft

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This property might be a fair Long-Term investment with a projected 1.12% first-year return on $38,682 initial cash invested.

1.12%

Cash On Cash

7.24%

Cap Rate

1.12

DSCR

$1,688

Rent

$36

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,688 income − $1,652 expenses = $36 cash flow

Income$1,688Mortgage P&I$99159%Property Taxes$1559%Insurance$684%Management$16910%CapEx$845%Vacancy$1016%Maintenance$845%Cash Flow$36

Investment Breakdown

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Purchase Price

$184k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,682

Downpayment

20%

$36,840

Closing costs

1%

$1,842

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,688

Total Expenses

$1,652

Mortgage P&I

59%

$991

Property Taxes

9%

$155

Home Insurance

4%

$68

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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