REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,936 (target)

3540 Miller Rd, Springfield, OH 45502

3 beds • 3 baths • 1400 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.45% first-year return on $74,067 initial cash invested.

-11.45%

Cash On Cash

3.95%

Cap Rate

0.66

DSCR

$1,936

Rent

-$707

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,936 income − $2,643 expenses = $707 out of pocket

Income$1,936Out of Pocket$707Mortgage P&I$1,77091%Property Taxes$24112%Insurance$1287%Management$19410%CapEx$975%Vacancy$1166%Maintenance$975%

Investment Breakdown

|

Purchase Price

$353k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,067

Downpayment

20%

$70,540

Closing costs

1%

$3,527

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,936

Total Expenses

$2,643

Mortgage P&I

91%

$1,770

Property Taxes

12%

$241

Home Insurance

7%

$128

HOA

0%

$0

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis