REI Lense

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$4,396 (target)

505 Vernon Rd, Springfield, PA 19064

3 beds • 3 baths • 1783 sqft

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This property looks like a bad Mid-Term investment with a projected -7.67% first-year return on $128k initial cash invested.

-7.67%

Cash On Cash

4.97%

Cap Rate

0.77

DSCR

$4,396

Rent

-$820

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,396 income − $5,216 expenses = $820 out of pocket

Income$4,396Out of Pocket$820Mortgage P&I$2,82064%Property Taxes$71616%Insurance$1844%Management$52812%CapEx$1764%Vacancy$1323%Maintenance$1764%Other$48411%

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,396

Total Expenses

$5,216

Mortgage P&I

64%

$2,820

Property Taxes

16%

$716

Home Insurance

4%

$184

HOA

0%

$0

Property Management

12%

$528

CapEx

4%

$176

Vacancy

3%

$132

Maintenance

4%

$176

Other

11%

$484

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