REI Lense

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$1,582 (target)

317 N Madison St, Delta, OH 43515

3 beds • 2 baths • 1372 sqft

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This property might be a fair Long-Term investment with a projected 7.18% first-year return on $31,752 initial cash invested.

7.18%

Cash On Cash

8.48%

Cap Rate

1.34

DSCR

$1,582

Rent

$190

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,582 income − $1,392 expenses = $190 cash flow

Income$1,582Mortgage P&I$80051%Property Taxes$1469%Insurance$352%Management$15810%CapEx$795%Vacancy$956%Maintenance$795%Cash Flow$190

Investment Breakdown

|

Purchase Price

$151k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,752

Downpayment

20%

$30,240

Closing costs

1%

$1,512

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,582

Total Expenses

$1,392

Mortgage P&I

51%

$800

Property Taxes

9%

$146

Home Insurance

2%

$35

HOA

0%

$0

Property Management

10%

$158

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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