REI Lense

REI Lense

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$2,218 (target)

2654 Danbury Rd, Springfield, OH 45505

3 beds • 2 baths • 1134 sqft

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This property looks like a bad Mid-Term investment with a projected -0.96% first-year return on $65,313 initial cash invested.

-0.96%

Cash On Cash

6.81%

Cap Rate

1.03

DSCR

$2,218

Rent

-$52

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,218 income − $2,270 expenses = $52 out of pocket

Income$2,218Out of Pocket$52Mortgage P&I$1,24156%Property Taxes$1949%Insurance$804%Management$26612%CapEx$894%Vacancy$673%Maintenance$894%Other$24411%

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,313

Downpayment

20%

$45,060

Closing costs

1%

$2,253

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,218

Total Expenses

$2,270

Mortgage P&I

56%

$1,241

Property Taxes

9%

$194

Home Insurance

4%

$80

HOA

0%

$0

Property Management

12%

$266

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$244

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