REI Lense

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$2,666 (target)

6 Executive Cir, Reading, PA 19606

3 beds • 2 baths • 1215 sqft

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This property looks like a bad Mid-Term investment with a projected -4.24% first-year return on $85,200 initial cash invested.

-4.24%

Cash On Cash

5.12%

Cap Rate

0.88

DSCR

$2,666

Rent

-$301

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,666 income − $2,967 expenses = $301 out of pocket

Income$2,666Out of Pocket$301Mortgage P&I$1,55858%Property Taxes$39015%Insurance$1124%Management$32012%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29311%

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,200

Downpayment

20%

$64,000

Closing costs

1%

$3,200

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,666

Total Expenses

$2,967

Mortgage P&I

58%

$1,558

Property Taxes

15%

$390

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$320

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$293

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