REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,622 (target)

517 Park Ave, Reading, PA 19611

3 beds • 3 baths • 1360 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.16% first-year return on $71,256 initial cash invested.

1.16%

Cash On Cash

6.97%

Cap Rate

1.13

DSCR

$2,622

Rent

$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,622 income − $2,553 expenses = $69 cash flow

Income$2,622Mortgage P&I$1,29850%Property Taxes$27010%Insurance$934%Management$31512%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28811%Cash Flow$69

Investment Breakdown

|

Purchase Price

$254k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,256

Downpayment

20%

$50,720

Closing costs

1%

$2,536

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,622

Total Expenses

$2,553

Mortgage P&I

50%

$1,298

Property Taxes

10%

$270

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$315

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$288

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis