REI Lense

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$1,675 (target)

314 Clinton St, Maumee, OH 43537

3 beds • 2 baths • 1380 sqft

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This property could be a profitable Long-Term investment with a projected 48.84% first-year return on $15,750 initial cash invested.

48.84%

Cash On Cash

17.87%

Cap Rate

2.85

DSCR

$1,675

Rent

$641

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,675 income − $1,034 expenses = $641 cash flow

Income$1,675Mortgage P&I$39223%Property Taxes$18011%Insurance$262%Management$16810%CapEx$845%Vacancy$1006%Maintenance$845%Cash Flow$641

Investment Breakdown

|

Purchase Price

$75,000

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$15,750

Downpayment

20%

$15,000

Closing costs

1%

$750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,675

Total Expenses

$1,034

Mortgage P&I

23%

$392

Property Taxes

11%

$180

Home Insurance

2%

$26

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$100

Maintenance

5%

$84

Other

0%

$0

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