REI Lense

REI Lense

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$1,506 (target)

552 Cuyahoga St, Akron, OH 44310

3 beds • 2 baths • 1152 sqft

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This property looks like a bad Long-Term investment with a projected -1.72% first-year return on $35,532 initial cash invested.

-1.72%

Cash On Cash

6.68%

Cap Rate

1.03

DSCR

$1,506

Rent

-$51

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,506 income − $1,557 expenses = $51 out of pocket

Income$1,506Out of Pocket$51Mortgage P&I$91861%Property Taxes$18812%Insurance$604%Management$15110%CapEx$755%Vacancy$906%Maintenance$755%

Investment Breakdown

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Purchase Price

$169k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,532

Downpayment

20%

$33,840

Closing costs

1%

$1,692

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,506

Total Expenses

$1,557

Mortgage P&I

61%

$918

Property Taxes

12%

$188

Home Insurance

4%

$60

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$75

Vacancy

6%

$90

Maintenance

5%

$75

Other

0%

$0

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