REI Lense

REI Lense

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$1,527 (target)

3106 Fernwood Ln, New Castle, PA 16105

3 beds • 2 baths • 1143 sqft

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This property looks like a bad Long-Term investment with a projected -5.37% first-year return on $39,795 initial cash invested.

-5.37%

Cash On Cash

5.4%

Cap Rate

0.89

DSCR

$1,527

Rent

-$178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,795

Downpayment

20%

$37,900

Closing costs

1%

$1,895

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,527

Total Expenses

$1,705

Mortgage P&I

62%

$954

Property Taxes

17%

$256

Home Insurance

6%

$98

HOA

0%

$0

Property Management

10%

$153

CapEx

5%

$76

Vacancy

6%

$92

Maintenance

5%

$76

Other

0%

$0

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