REI Lense

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$1,744 (target)

2383 Wedgewood Dr, Mansfield, OH 44903

3 beds • 3 baths • 1360 sqft

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This property looks like a bad Long-Term investment with a projected -12.6% first-year return on $69,069 initial cash invested.

-12.6%

Cash On Cash

3.71%

Cap Rate

0.61

DSCR

$1,744

Rent

-$725

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,744 income − $2,469 expenses = $725 out of pocket

Income$1,744Out of Pocket$725Mortgage P&I$1,65495%Property Taxes$24714%Insurance$1157%Management$17410%CapEx$875%Vacancy$1056%Maintenance$875%

Investment Breakdown

|

Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,069

Downpayment

20%

$65,780

Closing costs

1%

$3,289

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,744

Total Expenses

$2,469

Mortgage P&I

95%

$1,654

Property Taxes

14%

$247

Home Insurance

7%

$115

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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