REI Lense

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$2,304 (target)

549 Forrest Ln, Troy, OH 45373

3 beds • 2 baths • 1080 sqft

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This property might be a fair Mid-Term investment with a projected 1.52% first-year return on $66,972 initial cash invested.

1.52%

Cash On Cash

7.42%

Cap Rate

1.14

DSCR

$2,304

Rent

$85

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,304 income − $2,219 expenses = $85 cash flow

Income$2,304Mortgage P&I$1,26555%Property Taxes$884%Insurance$844%Management$27612%CapEx$924%Vacancy$693%Maintenance$924%Other$25311%Cash Flow$85

Investment Breakdown

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Purchase Price

$233k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,972

Downpayment

20%

$46,640

Closing costs

1%

$2,332

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,304

Total Expenses

$2,219

Mortgage P&I

55%

$1,265

Property Taxes

4%

$88

Home Insurance

4%

$84

HOA

0%

$0

Property Management

12%

$276

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$253

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