REI Lense

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$1,710 (target)

320 Garfield Ave, Bellefontaine, OH 43311

3 beds • 2 baths • 1768 sqft

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This property might be a fair Long-Term investment with a projected 4.45% first-year return on $35,889 initial cash invested.

4.45%

Cash On Cash

8.12%

Cap Rate

1.23

DSCR

$1,710

Rent

$133

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,710 income − $1,577 expenses = $133 cash flow

Income$1,710Mortgage P&I$93755%Property Taxes$1338%Insurance$614%Management$17110%CapEx$865%Vacancy$1036%Maintenance$865%Cash Flow$133

Investment Breakdown

|

Purchase Price

$171k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,889

Downpayment

20%

$34,180

Closing costs

1%

$1,709

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,710

Total Expenses

$1,577

Mortgage P&I

55%

$937

Property Taxes

8%

$133

Home Insurance

4%

$61

HOA

0%

$0

Property Management

10%

$171

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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