REI Lense

REI Lense

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$2,072 (target)

430 Baer Ave, Hanover, PA 17331

3 beds • 2 baths • 2241 sqft

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This property looks like a bad Long-Term investment with a projected -8.75% first-year return on $63,525 initial cash invested.

-8.75%

Cash On Cash

4.47%

Cap Rate

0.76

DSCR

$2,072

Rent

-$463

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$303k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,525

Downpayment

20%

$60,500

Closing costs

1%

$3,025

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,072

Total Expenses

$2,535

Mortgage P&I

72%

$1,486

Property Taxes

19%

$403

Home Insurance

5%

$107

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$104

Vacancy

6%

$124

Maintenance

5%

$104

Other

0%

$0

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