REI Lense

REI Lense

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$1,231 (target)

438 Margaret Dr, Fairborn, OH 45324

3 beds • 2 baths • 880 sqft

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This property looks like a bad Long-Term investment with a projected -12.82% first-year return on $44,079 initial cash invested.

-12.82%

Cash On Cash

4.23%

Cap Rate

0.64

DSCR

$1,231

Rent

-$471

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,231 income − $1,702 expenses = $471 out of pocket

Income$1,231Out of Pocket$471Mortgage P&I$1,14993%Property Taxes$15813%Insurance$746%Management$12310%CapEx$625%Vacancy$746%Maintenance$625%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,079

Downpayment

20%

$41,980

Closing costs

1%

$2,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,231

Total Expenses

$1,702

Mortgage P&I

93%

$1,149

Property Taxes

13%

$158

Home Insurance

6%

$74

HOA

0%

$0

Property Management

10%

$123

CapEx

5%

$62

Vacancy

6%

$74

Maintenance

5%

$62

Other

0%

$0

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