REI Lense

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$2,163 (target)

3282 6th St SE, Canton, OH 44707

3 beds • 3 baths • 1526 sqft

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This property might be a fair Mid-Term investment with a projected 1.27% first-year return on $65,229 initial cash invested.

1.27%

Cash On Cash

7.38%

Cap Rate

1.13

DSCR

$2,163

Rent

$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,163 income − $2,094 expenses = $69 cash flow

Income$2,163Mortgage P&I$1,22757%Property Taxes$512%Insurance$794%Management$26012%CapEx$874%Vacancy$653%Maintenance$874%Other$23811%Cash Flow$69

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,163

Total Expenses

$2,094

Mortgage P&I

57%

$1,227

Property Taxes

2%

$51

Home Insurance

4%

$79

HOA

0%

$0

Property Management

12%

$260

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$238

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