REI Lense

REI Lense

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$1,632 (target)

507 W Pearl St, Wapakoneta, OH 45895

3 beds • 2 baths • 1698 sqft

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This property looks like a bad Long-Term investment with a projected -3.73% first-year return on $44,709 initial cash invested.

-3.73%

Cash On Cash

6.06%

Cap Rate

0.95

DSCR

$1,632

Rent

-$139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,632 income − $1,771 expenses = $139 out of pocket

Income$1,632Out of Pocket$139Mortgage P&I$1,13269%Property Taxes$1348%Insurance$805%Management$16310%CapEx$825%Vacancy$986%Maintenance$825%

Investment Breakdown

|

Purchase Price

$213k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,709

Downpayment

20%

$42,580

Closing costs

1%

$2,129

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,632

Total Expenses

$1,771

Mortgage P&I

69%

$1,132

Property Taxes

8%

$134

Home Insurance

5%

$80

HOA

0%

$0

Property Management

10%

$163

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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