REI Lense

REI Lense

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$2,367 (target)

32 N Main St, Dover, PA 17315

3 beds • 2 baths • 1572 sqft

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This property might be a fair Mid-Term investment with a projected 5.68% first-year return on $57,438 initial cash invested.

5.68%

Cash On Cash

8.71%

Cap Rate

1.37

DSCR

$2,367

Rent

$272

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,367 income − $2,095 expenses = $272 cash flow

Income$2,367Mortgage P&I$99642%Property Taxes$23410%Insurance$603%Management$28412%CapEx$954%Vacancy$713%Maintenance$954%Other$26011%Cash Flow$272

Investment Breakdown

|

Purchase Price

$188k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,438

Downpayment

20%

$37,560

Closing costs

1%

$1,878

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,367

Total Expenses

$2,095

Mortgage P&I

42%

$996

Property Taxes

10%

$234

Home Insurance

3%

$60

HOA

0%

$0

Property Management

12%

$284

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$260

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