REI Lense

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$4,134 (target)

341 E Mount Kirk Ave, Norristown, PA 19403

3 beds • 2 baths • 1728 sqft

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This property looks like a bad Mid-Term investment with a projected -3.69% first-year return on $118k initial cash invested.

-3.69%

Cash On Cash

5.75%

Cap Rate

0.92

DSCR

$4,134

Rent

-$362

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,134 income − $4,496 expenses = $362 out of pocket

Income$4,134Out of Pocket$362Mortgage P&I$2,47060%Property Taxes$44811%Insurance$1734%Management$49612%CapEx$1654%Vacancy$1243%Maintenance$1654%Other$45511%

Investment Breakdown

|

Purchase Price

$474k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$94,840

Closing costs

1%

$4,742

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,134

Total Expenses

$4,496

Mortgage P&I

60%

$2,470

Property Taxes

11%

$448

Home Insurance

4%

$173

HOA

0%

$0

Property Management

12%

$496

CapEx

4%

$165

Vacancy

3%

$124

Maintenance

4%

$165

Other

11%

$455

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