REI Lense

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$2,230 (target)

503 Gay St, Bucyrus, OH 44820

3 beds • 2 baths • 1700 sqft

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This property might be a fair Mid-Term investment with a projected 4.97% first-year return on $57,690 initial cash invested.

4.97%

Cash On Cash

8.5%

Cap Rate

1.32

DSCR

$2,230

Rent

$239

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,230 income − $1,991 expenses = $239 cash flow

Income$2,230Mortgage P&I$1,01045%Property Taxes$1577%Insurance$663%Management$26812%CapEx$894%Vacancy$673%Maintenance$894%Other$24511%Cash Flow$239

Investment Breakdown

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Purchase Price

$189k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,690

Downpayment

20%

$37,800

Closing costs

1%

$1,890

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,230

Total Expenses

$1,991

Mortgage P&I

45%

$1,010

Property Taxes

7%

$157

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$268

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$245

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