REI Lense

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$2,464 (target)

4268 Patricia Ave, Youngstown, OH 44511

3 beds • 2 baths • 1592 sqft

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This property might be a fair Mid-Term investment with a projected 3.65% first-year return on $62,730 initial cash invested.

3.65%

Cash On Cash

8.26%

Cap Rate

1.25

DSCR

$2,464

Rent

$191

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,464 income − $2,273 expenses = $191 cash flow

Income$2,464Mortgage P&I$1,17748%Property Taxes$1827%Insurance$753%Management$29612%CapEx$994%Vacancy$743%Maintenance$994%Other$27111%Cash Flow$191

Investment Breakdown

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Purchase Price

$213k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,730

Downpayment

20%

$42,600

Closing costs

1%

$2,130

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,464

Total Expenses

$2,273

Mortgage P&I

48%

$1,177

Property Taxes

7%

$182

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$296

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$271

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