REI Lense

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$2,594 (target)

238 Bellaire Dr, Fairborn, OH 45324

3 beds • 2 baths • 1128 sqft

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This property might be a fair Mid-Term investment with a projected 3.08% first-year return on $67,455 initial cash invested.

3.08%

Cash On Cash

7.81%

Cap Rate

1.22

DSCR

$2,594

Rent

$173

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,594 income − $2,421 expenses = $173 cash flow

Income$2,594Mortgage P&I$1,25548%Property Taxes$2008%Insurance$843%Management$31112%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28511%Cash Flow$173

Investment Breakdown

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Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,455

Downpayment

20%

$47,100

Closing costs

1%

$2,355

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,594

Total Expenses

$2,421

Mortgage P&I

48%

$1,255

Property Taxes

8%

$200

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

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