REI Lense

REI Lense

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$2,260 (target)

37 Spring St, Wilkes Barre, PA 18706

3 beds • 2 baths • 1299 sqft

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This property could be a profitable Mid-Term investment with a projected 14.13% first-year return on $47,379 initial cash invested.

14.13%

Cash On Cash

11.97%

Cap Rate

1.87

DSCR

$2,260

Rent

$558

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$140k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,379

Downpayment

20%

$27,980

Closing costs

1%

$1,399

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,260

Total Expenses

$1,702

Mortgage P&I

33%

$748

Property Taxes

6%

$137

Home Insurance

2%

$49

HOA

0%

$0

Property Management

12%

$271

CapEx

4%

$90

Vacancy

3%

$68

Maintenance

4%

$90

Other

11%

$249

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