REI Lense

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$2,618 (target)

2636 Rebecca Dr, Springfield, OH 45503

3 beds • 2 baths • 1556 sqft

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This property might be a fair Mid-Term investment with a projected 5.36% first-year return on $64,452 initial cash invested.

5.36%

Cash On Cash

8.56%

Cap Rate

1.33

DSCR

$2,618

Rent

$288

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,618 income − $2,330 expenses = $288 cash flow

Income$2,618Mortgage P&I$1,18545%Property Taxes$1757%Insurance$793%Management$31412%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28811%Cash Flow$288

Investment Breakdown

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Purchase Price

$221k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,452

Downpayment

20%

$44,240

Closing costs

1%

$2,212

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,618

Total Expenses

$2,330

Mortgage P&I

45%

$1,185

Property Taxes

7%

$175

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$288

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