REI Lense

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$2,907 (target)

224 Belvedere Ave, Reading, PA 19611

3 beds • 2 baths • 1232 sqft

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This property looks like a bad Mid-Term investment with a projected -0.59% first-year return on $80,853 initial cash invested.

-0.59%

Cash On Cash

6.47%

Cap Rate

1.05

DSCR

$2,907

Rent

-$40

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,907 income − $2,947 expenses = $40 out of pocket

Income$2,907Out of Pocket$40Mortgage P&I$1,53753%Property Taxes$32911%Insurance$933%Management$34912%CapEx$1164%Vacancy$873%Maintenance$1164%Other$32011%

Investment Breakdown

|

Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,853

Downpayment

20%

$59,860

Closing costs

1%

$2,993

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,907

Total Expenses

$2,947

Mortgage P&I

53%

$1,537

Property Taxes

11%

$329

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$349

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$320

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