REI Lense

REI Lense

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$1,782 (target)

2407 E Breese Rd, Lima, OH 45806

3 beds • 2 baths • 1344 sqft

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This property looks like a bad Long-Term investment with a projected -3.12% first-year return on $47,250 initial cash invested.

-3.12%

Cash On Cash

6.19%

Cap Rate

0.97

DSCR

$1,782

Rent

-$123

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,782

Total Expenses

$1,905

Mortgage P&I

67%

$1,195

Property Taxes

9%

$167

Home Insurance

4%

$80

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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