REI Lense

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$1,885 (target)

307 Leyland Park Dr, Wilmington, OH 45177

3 beds • 2 baths • 1640 sqft

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This property looks like a bad Long-Term investment with a projected -8.68% first-year return on $56,133 initial cash invested.

-8.68%

Cash On Cash

4.63%

Cap Rate

0.77

DSCR

$1,885

Rent

-$406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,885 income − $2,291 expenses = $406 out of pocket

Income$1,885Out of Pocket$406Mortgage P&I$1,34471%Property Taxes$21211%Insurance$965%HOA$1508%Management$18810%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

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Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,133

Downpayment

20%

$53,460

Closing costs

1%

$2,673

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,885

Total Expenses

$2,291

Mortgage P&I

71%

$1,344

Property Taxes

11%

$212

Home Insurance

5%

$96

HOA

8%

$150

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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