REI Lense

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$2,114 (target)

3132 Lake Rd, New Castle, PA 16102

3 beds • 2 baths • 1508 sqft

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This property looks like a bad Mid-Term investment with a projected -6.25% first-year return on $72,579 initial cash invested.

-6.25%

Cash On Cash

4.92%

Cap Rate

0.78

DSCR

$2,114

Rent

-$378

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,114 income − $2,492 expenses = $378 out of pocket

Income$2,114Out of Pocket$378Mortgage P&I$1,35964%Property Taxes$32215%Insurance$914%Management$25412%CapEx$854%Vacancy$633%Maintenance$854%Other$23311%

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,114

Total Expenses

$2,492

Mortgage P&I

64%

$1,359

Property Taxes

15%

$322

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$254

CapEx

4%

$85

Vacancy

3%

$63

Maintenance

4%

$85

Other

11%

$233

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