REI Lense

REI Lense

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$1,368 (target)

427 Knickerbocker Ave, Springfield, OH 45506

3 beds • 2 baths • 925 sqft

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This property looks like a bad Long-Term investment with a projected -0.4% first-year return on $35,700 initial cash invested.

-0.4%

Cash On Cash

6.78%

Cap Rate

1.06

DSCR

$1,368

Rent

-$12

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,700

Downpayment

20%

$34,000

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,368

Total Expenses

$1,380

Mortgage P&I

66%

$905

Property Taxes

4%

$60

Home Insurance

4%

$60

HOA

0%

$0

Property Management

10%

$137

CapEx

5%

$68

Vacancy

6%

$82

Maintenance

5%

$68

Other

0%

$0

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