REI Lense

REI Lense

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$1,172 (target)

558 Bank St, Ashland, OH 44805

3 beds • 2 baths • 1109 sqft

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This property looks like a bad Long-Term investment with a projected -12.56% first-year return on $42,315 initial cash invested.

-12.56%

Cash On Cash

4.11%

Cap Rate

0.64

DSCR

$1,172

Rent

-$443

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,172 income − $1,615 expenses = $443 out of pocket

Income$1,172Out of Pocket$443Mortgage P&I$1,07492%Property Taxes$16314%Insurance$736%Management$11710%CapEx$595%Vacancy$706%Maintenance$595%

Investment Breakdown

|

Purchase Price

$202k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,315

Downpayment

20%

$40,300

Closing costs

1%

$2,015

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,172

Total Expenses

$1,615

Mortgage P&I

92%

$1,074

Property Taxes

14%

$163

Home Insurance

6%

$73

HOA

0%

$0

Property Management

10%

$117

CapEx

5%

$59

Vacancy

6%

$70

Maintenance

5%

$59

Other

0%

$0

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