REI Lense

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$3,060 (target)

508 Alden St, Harrisburg, PA 17109

3 beds • 3 baths • 2216 sqft

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This property looks like a bad Mid-Term investment with a projected -2.7% first-year return on $88,560 initial cash invested.

-2.7%

Cash On Cash

5.64%

Cap Rate

0.95

DSCR

$3,060

Rent

-$199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,060 income − $3,259 expenses = $199 out of pocket

Income$3,060Out of Pocket$199Mortgage P&I$1,65654%Property Taxes$44515%Insurance$1184%Management$36712%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33711%

Investment Breakdown

|

Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,560

Downpayment

20%

$67,200

Closing costs

1%

$3,360

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,060

Total Expenses

$3,259

Mortgage P&I

54%

$1,656

Property Taxes

15%

$445

Home Insurance

4%

$118

HOA

0%

$0

Property Management

12%

$367

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$337

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