REI Lense

REI Lense

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$1,632 (target)

4251 County Road 52, Ironton, OH 45638

3 beds • 2 baths • 1584 sqft

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This property looks like a bad Long-Term investment with a projected -3.94% first-year return on $45,066 initial cash invested.

-3.94%

Cash On Cash

6.03%

Cap Rate

0.94

DSCR

$1,632

Rent

-$148

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,632 income − $1,780 expenses = $148 out of pocket

Income$1,632Out of Pocket$148Mortgage P&I$1,14470%Property Taxes$1439%Insurance$684%Management$16310%CapEx$825%Vacancy$986%Maintenance$825%

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,066

Downpayment

20%

$42,920

Closing costs

1%

$2,146

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,632

Total Expenses

$1,780

Mortgage P&I

70%

$1,144

Property Taxes

9%

$143

Home Insurance

4%

$68

HOA

0%

$0

Property Management

10%

$163

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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