REI Lense

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$2,619 (target)

439 Grand Valley Dr, Howard, OH 43028

3 beds • 2 baths • 1586 sqft

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This property might be a fair Mid-Term investment with a projected 1.85% first-year return on $72,553 initial cash invested.

1.85%

Cash On Cash

7.04%

Cap Rate

1.17

DSCR

$2,619

Rent

$112

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,619 income − $2,507 expenses = $112 cash flow

Income$2,619Mortgage P&I$1,30750%Property Taxes$2188%Insurance$913%Management$31412%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28811%Cash Flow$112

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,553

Downpayment

20%

$51,955

Closing costs

1%

$2,598

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,619

Total Expenses

$2,507

Mortgage P&I

50%

$1,307

Property Taxes

8%

$218

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$288

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