REI Lense

REI Lense

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$1,709 (target)

231 Poplar St, Scranton, PA 18519

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Long-Term investment with a projected -9.57% first-year return on $54,537 initial cash invested.

-9.57%

Cash On Cash

4.52%

Cap Rate

0.74

DSCR

$1,709

Rent

-$435

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,709 income − $2,144 expenses = $435 out of pocket

Income$1,709Out of Pocket$435Mortgage P&I$1,32978%Property Taxes$28016%Insurance$915%Management$17110%CapEx$855%Vacancy$1036%Maintenance$855%

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,537

Downpayment

20%

$51,940

Closing costs

1%

$2,597

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,709

Total Expenses

$2,144

Mortgage P&I

78%

$1,329

Property Taxes

16%

$280

Home Insurance

5%

$91

HOA

0%

$0

Property Management

10%

$171

CapEx

5%

$85

Vacancy

6%

$103

Maintenance

5%

$85

Other

0%

$0

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