REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,841 (target)

3949 Wood St, Erie, PA 16509

3 beds • 2 baths • 2064 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.65% first-year return on $70,014 initial cash invested.

-12.65%

Cash On Cash

3.86%

Cap Rate

0.62

DSCR

$1,841

Rent

-$738

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,841 income − $2,579 expenses = $738 out of pocket

Income$1,841Out of Pocket$738Mortgage P&I$1,71893%Property Taxes$26114%Insurance$1227%Management$18410%CapEx$925%Vacancy$1106%Maintenance$925%

Investment Breakdown

|

Purchase Price

$333k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,014

Downpayment

20%

$66,680

Closing costs

1%

$3,334

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,841

Total Expenses

$2,579

Mortgage P&I

93%

$1,718

Property Taxes

14%

$261

Home Insurance

7%

$122

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis