REI Lense

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$3,996 (target)

293 N Norwinden Dr, Springfield, PA 19064

3 beds • 2 baths • 1518 sqft

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This property looks like a bad Mid-Term investment with a projected -7.02% first-year return on $123k initial cash invested.

-7.02%

Cash On Cash

4.68%

Cap Rate

0.78

DSCR

$3,996

Rent

-$718

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,996 income − $4,714 expenses = $718 out of pocket

Income$3,996Out of Pocket$718Mortgage P&I$2,50563%Property Taxes$70018%Insurance$1494%Management$48012%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$44011%

Investment Breakdown

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Purchase Price

$499k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,780

Closing costs

1%

$4,989

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,996

Total Expenses

$4,714

Mortgage P&I

63%

$2,505

Property Taxes

18%

$700

Home Insurance

4%

$149

HOA

0%

$0

Property Management

12%

$480

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$440

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