REI Lense

REI Lense

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$2,313 (target)

4988 Patricia Dr, Akron, OH 44319

3 beds • 3 baths • 1933 sqft

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This property looks like a bad Long-Term investment with a projected -5.94% first-year return on $66,066 initial cash invested.

-5.94%

Cash On Cash

5.18%

Cap Rate

0.87

DSCR

$2,313

Rent

-$327

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,313 income − $2,640 expenses = $327 out of pocket

Income$2,313Out of Pocket$327Mortgage P&I$1,56868%Property Taxes$35815%Insurance$1125%Management$23110%CapEx$1165%Vacancy$1396%Maintenance$1165%

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,066

Downpayment

20%

$62,920

Closing costs

1%

$3,146

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,313

Total Expenses

$2,640

Mortgage P&I

68%

$1,568

Property Taxes

15%

$358

Home Insurance

5%

$112

HOA

0%

$0

Property Management

10%

$231

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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