REI Lense

REI Lense

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$1,720 (target)

299 Brookforest Dr, Cincinnati, OH 45238

3 beds • 2 baths • 0 sqft

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This property looks like a bad Long-Term investment with a projected -6.06% first-year return on $43,386 initial cash invested.

-6.06%

Cash On Cash

5.76%

Cap Rate

0.88

DSCR

$1,720

Rent

-$219

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,720 income − $1,939 expenses = $219 out of pocket

Income$1,720Out of Pocket$219Mortgage P&I$1,12565%Property Taxes$31618%Insurance$513%Management$17210%CapEx$865%Vacancy$1036%Maintenance$865%

Investment Breakdown

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Purchase Price

$207k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,386

Downpayment

20%

$41,320

Closing costs

1%

$2,066

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,720

Total Expenses

$1,939

Mortgage P&I

65%

$1,125

Property Taxes

18%

$316

Home Insurance

3%

$51

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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