REI Lense

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$2,218 (target)

4055 Holly Rue, Erie, PA 16506

3 beds • 2 baths • 1880 sqft

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This property looks like a bad Long-Term investment with a projected -12.07% first-year return on $76,755 initial cash invested.

-12.07%

Cash On Cash

4.16%

Cap Rate

0.66

DSCR

$2,218

Rent

-$772

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,218 income − $2,990 expenses = $772 out of pocket

Income$2,218Out of Pocket$772Mortgage P&I$1,92887%Property Taxes$35216%Insurance$1336%Management$22210%CapEx$1115%Vacancy$1336%Maintenance$1115%

Investment Breakdown

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Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,755

Downpayment

20%

$73,100

Closing costs

1%

$3,655

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,218

Total Expenses

$2,990

Mortgage P&I

87%

$1,928

Property Taxes

16%

$352

Home Insurance

6%

$133

HOA

0%

$0

Property Management

10%

$222

CapEx

5%

$111

Vacancy

6%

$133

Maintenance

5%

$111

Other

0%

$0

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