REI Lense

REI Lense

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$1,891 (target)

411 S Collett St, Lima, OH 45805

3 beds • 2 baths • 1474 sqft

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This property could be a profitable Long-Term investment with a projected 87.21% first-year return on $13,650 initial cash invested.

87.21%

Cash On Cash

26.42%

Cap Rate

4.16

DSCR

$1,891

Rent

$992

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,891 income − $899 expenses = $992 cash flow

Income$1,891Mortgage P&I$34418%Property Taxes$402%Insurance$231%Management$18910%CapEx$955%Vacancy$1136%Maintenance$955%Cash Flow$992

Investment Breakdown

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Purchase Price

$65,000

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$13,650

Downpayment

20%

$13,000

Closing costs

1%

$650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,891

Total Expenses

$899

Mortgage P&I

18%

$344

Property Taxes

2%

$40

Home Insurance

1%

$23

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$95

Vacancy

6%

$113

Maintenance

5%

$95

Other

0%

$0

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