REI Lense

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$1,835 (target)

438 Township Road 1500, Ashland, OH 44805

3 beds • 3 baths • 1754 sqft

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This property looks like a bad Long-Term investment with a projected -20.53% first-year return on $119k initial cash invested.

-20.53%

Cash On Cash

1.84%

Cap Rate

0.31

DSCR

$1,835

Rent

-$2,031

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,835 income − $3,866 expenses = $2,031 out of pocket

Income$1,835Out of Pocket$2,031Mortgage P&I$2,808153%Property Taxes$37020%Insurance$21011%Management$18410%CapEx$925%Vacancy$1106%Maintenance$925%

Investment Breakdown

|

Purchase Price

$565k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$113k

Closing costs

1%

$5,653

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,835

Total Expenses

$3,866

Mortgage P&I

153%

$2,808

Property Taxes

20%

$370

Home Insurance

11%

$210

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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