REI Lense

REI Lense

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$1,576 (target)

404 Maplewood Ave, Delta, OH 43515

3 beds • 2 baths • 1551 sqft

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This property looks like a bad Long-Term investment with a projected -0.17% first-year return on $35,427 initial cash invested.

-0.17%

Cash On Cash

7.03%

Cap Rate

1.08

DSCR

$1,576

Rent

-$5

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,576 income − $1,581 expenses = $5 out of pocket

Income$1,576Out of Pocket$5Mortgage P&I$91558%Property Taxes$17811%Insurance$775%Management$15810%CapEx$795%Vacancy$956%Maintenance$795%

Investment Breakdown

|

Purchase Price

$169k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,427

Downpayment

20%

$33,740

Closing costs

1%

$1,687

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,576

Total Expenses

$1,581

Mortgage P&I

58%

$915

Property Taxes

11%

$178

Home Insurance

5%

$77

HOA

0%

$0

Property Management

10%

$158

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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