REI Lense

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$2,866 (target)

505 Meadow Springs Rd, Maumee, OH 43537

3 beds • 2 baths • 1090 sqft

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This property looks like a bad Mid-Term investment with a projected -0.27% first-year return on $72,285 initial cash invested.

-0.27%

Cash On Cash

6.86%

Cap Rate

1.07

DSCR

$2,866

Rent

-$16

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,866 income − $2,882 expenses = $16 out of pocket

Income$2,866Out of Pocket$16Mortgage P&I$1,37948%Property Taxes$44015%Insurance$883%Management$34412%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31511%

Investment Breakdown

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Purchase Price

$259k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,285

Downpayment

20%

$51,700

Closing costs

1%

$2,585

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,866

Total Expenses

$2,882

Mortgage P&I

48%

$1,379

Property Taxes

15%

$440

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$344

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$315

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