REI Lense

REI Lense

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$1,709 (target)

34 Allen Dr, Hanover, PA 17331

3 beds • 2 baths • 1232 sqft

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This property looks like a bad Long-Term investment with a projected -11.58% first-year return on $55,629 initial cash invested.

-11.58%

Cash On Cash

4.09%

Cap Rate

0.67

DSCR

$1,709

Rent

-$537

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,709 income − $2,246 expenses = $537 out of pocket

Income$1,709Out of Pocket$537Mortgage P&I$1,35479%Property Taxes$35521%Insurance$935%Management$17110%CapEx$855%Vacancy$1036%Maintenance$855%

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,629

Downpayment

20%

$52,980

Closing costs

1%

$2,649

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,709

Total Expenses

$2,246

Mortgage P&I

79%

$1,354

Property Taxes

21%

$355

Home Insurance

5%

$93

HOA

0%

$0

Property Management

10%

$171

CapEx

5%

$85

Vacancy

6%

$103

Maintenance

5%

$85

Other

0%

$0

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