REI Lense

REI Lense

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$1,223 (target)

5839 Artwell Dr, Sylvania, OH 43560

3 beds • 4 baths • 1288 sqft

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This property looks like a bad Long-Term investment with a projected -3.92% first-year return on $30,912 initial cash invested.

-3.92%

Cash On Cash

5.76%

Cap Rate

0.95

DSCR

$1,223

Rent

-$101

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,223 income − $1,324 expenses = $101 out of pocket

Income$1,223Out of Pocket$101Mortgage P&I$74761%Property Taxes$22819%Insurance$323%Management$12210%CapEx$615%Vacancy$736%Maintenance$615%

Investment Breakdown

|

Purchase Price

$147k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,912

Downpayment

20%

$29,440

Closing costs

1%

$1,472

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,223

Total Expenses

$1,324

Mortgage P&I

61%

$747

Property Taxes

19%

$228

Home Insurance

3%

$32

HOA

0%

$0

Property Management

10%

$122

CapEx

5%

$61

Vacancy

6%

$73

Maintenance

5%

$61

Other

0%

$0

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