REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,031 (target)

3646 Fountain Way, Erie, PA 16506

3 beds • 2 baths • 1624 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.16% first-year return on $57,141 initial cash invested.

-7.16%

Cash On Cash

5.1%

Cap Rate

0.83

DSCR

$2,031

Rent

-$341

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,031 income − $2,372 expenses = $341 out of pocket

Income$2,031Out of Pocket$341Mortgage P&I$1,39669%Property Taxes$34917%Insurance$985%Management$20310%CapEx$1025%Vacancy$1226%Maintenance$1025%

Investment Breakdown

|

Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,141

Downpayment

20%

$54,420

Closing costs

1%

$2,721

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,031

Total Expenses

$2,372

Mortgage P&I

69%

$1,396

Property Taxes

17%

$349

Home Insurance

5%

$98

HOA

0%

$0

Property Management

10%

$203

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis