REI Lense

REI Lense

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$2,392 (target)

3071 Axe Dr, Fairborn, OH 45324

3 beds • 2 baths • 1248 sqft

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This property might be a fair Mid-Term investment with a projected 1.4% first-year return on $65,229 initial cash invested.

1.4%

Cash On Cash

7.33%

Cap Rate

1.14

DSCR

$2,392

Rent

$76

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,392

Total Expenses

$2,316

Mortgage P&I

50%

$1,201

Property Taxes

9%

$222

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$287

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$263

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