REI Lense

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$2,181 (target)

321 N Cherry St, Bryan, OH 43506

3 beds • 2 baths • 1370 sqft

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This property might be a fair Mid-Term investment with a projected 6.26% first-year return on $55,779 initial cash invested.

6.26%

Cash On Cash

8.92%

Cap Rate

1.39

DSCR

$2,181

Rent

$291

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,181 income − $1,890 expenses = $291 cash flow

Income$2,181Mortgage P&I$95944%Property Taxes$1276%Insurance$633%Management$26212%CapEx$874%Vacancy$653%Maintenance$874%Other$24011%Cash Flow$291

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,181

Total Expenses

$1,890

Mortgage P&I

44%

$959

Property Taxes

6%

$127

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$262

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$240

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