REI Lense

REI Lense

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$2,461 (target)

3421 River Rd, Reading, PA 19605

3 beds • 2 baths • 2318 sqft

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This property looks like a bad Long-Term investment with a projected -9.85% first-year return on $75,495 initial cash invested.

-9.85%

Cash On Cash

4.32%

Cap Rate

0.72

DSCR

$2,461

Rent

-$620

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,461 income − $3,081 expenses = $620 out of pocket

Income$2,461Out of Pocket$620Mortgage P&I$1,79273%Property Taxes$52121%Insurance$1285%Management$24610%CapEx$1235%Vacancy$1486%Maintenance$1235%

Investment Breakdown

|

Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,495

Downpayment

20%

$71,900

Closing costs

1%

$3,595

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,461

Total Expenses

$3,081

Mortgage P&I

73%

$1,792

Property Taxes

21%

$521

Home Insurance

5%

$128

HOA

0%

$0

Property Management

10%

$246

CapEx

5%

$123

Vacancy

6%

$148

Maintenance

5%

$123

Other

0%

$0

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