REI Lense

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$1,306 (target)

2542 Grantwood Dr, Toledo, OH 43613

3 beds • 2 baths • 1155 sqft

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This property looks like a bad Long-Term investment with a projected -5.92% first-year return on $33,663 initial cash invested.

-5.92%

Cash On Cash

5.82%

Cap Rate

0.88

DSCR

$1,306

Rent

-$166

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,306 income − $1,472 expenses = $166 out of pocket

Income$1,306Out of Pocket$166Mortgage P&I$87867%Property Taxes$20916%Insurance$464%Management$13110%CapEx$655%Vacancy$786%Maintenance$655%

Investment Breakdown

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Purchase Price

$160k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,663

Downpayment

20%

$32,060

Closing costs

1%

$1,603

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,306

Total Expenses

$1,472

Mortgage P&I

67%

$878

Property Taxes

16%

$209

Home Insurance

4%

$46

HOA

0%

$0

Property Management

10%

$131

CapEx

5%

$65

Vacancy

6%

$78

Maintenance

5%

$65

Other

0%

$0

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