REI Lense

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$2,268 (target)

410 Lawnview Ave, Springfield, OH 45505

3 beds • 2 baths • 1343 sqft

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This property might be a fair Mid-Term investment with a projected 4.86% first-year return on $59,979 initial cash invested.

4.86%

Cash On Cash

8.45%

Cap Rate

1.31

DSCR

$2,268

Rent

$243

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,268 income − $2,025 expenses = $243 cash flow

Income$2,268Mortgage P&I$1,07347%Property Taxes$1115%Insurance$703%Management$27212%CapEx$914%Vacancy$683%Maintenance$914%Other$24911%Cash Flow$243

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,268

Total Expenses

$2,025

Mortgage P&I

47%

$1,073

Property Taxes

5%

$111

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$272

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$249

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