REI Lense

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$3,230 (target)

519 Lakengren Dr, Eaton, OH 45320

3 beds • 2 baths • 1479 sqft

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This property might be a fair Mid-Term investment with a projected 9.49% first-year return on $66,384 initial cash invested.

9.49%

Cash On Cash

9.84%

Cap Rate

1.53

DSCR

$3,230

Rent

$525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,230 income − $2,705 expenses = $525 cash flow

Income$3,230Mortgage P&I$1,23638%Property Taxes$2026%Insurance$823%HOA$873%Management$38812%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35511%Cash Flow$525

Investment Breakdown

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Purchase Price

$230k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,384

Downpayment

20%

$46,080

Closing costs

1%

$2,304

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,230

Total Expenses

$2,705

Mortgage P&I

38%

$1,236

Property Taxes

6%

$202

Home Insurance

3%

$82

HOA

3%

$87

Property Management

12%

$388

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

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