REI Lense

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$3,558 (target)

284 E McCormick Ave, State College, PA 16801

3 beds • 2 baths • 2113 sqft

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This property looks like a bad Mid-Term investment with a projected -8.78% first-year return on $132k initial cash invested.

-8.78%

Cash On Cash

4.09%

Cap Rate

0.69

DSCR

$3,558

Rent

-$968

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,558 income − $4,526 expenses = $968 out of pocket

Income$3,558Out of Pocket$968Mortgage P&I$2,68275%Property Taxes$43912%Insurance$1966%Management$42712%CapEx$1424%Vacancy$1073%Maintenance$1424%Other$39111%

Investment Breakdown

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Purchase Price

$544k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$109k

Closing costs

1%

$5,440

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,558

Total Expenses

$4,526

Mortgage P&I

75%

$2,682

Property Taxes

12%

$439

Home Insurance

6%

$196

HOA

0%

$0

Property Management

12%

$427

CapEx

4%

$142

Vacancy

3%

$107

Maintenance

4%

$142

Other

11%

$391

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