REI Lense

REI Lense

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$3,483 (target)

3329 Willow Grove Ave, Reading, PA 19605

3 beds • 2 baths • 1479 sqft

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This property might be a fair Mid-Term investment with a projected 1.06% first-year return on $86,439 initial cash invested.

1.06%

Cash On Cash

6.84%

Cap Rate

1.13

DSCR

$3,483

Rent

$76

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,439

Downpayment

20%

$65,180

Closing costs

1%

$3,259

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,483

Total Expenses

$3,407

Mortgage P&I

47%

$1,642

Property Taxes

13%

$468

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$418

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$383

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