REI Lense

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$1,816 (target)

6031 Woodcrest Ave NE, Canton, OH 44721

3 beds • 2 baths • 1722 sqft

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This property looks like a bad Long-Term investment with a projected -16.04% first-year return on $86,625 initial cash invested.

-16.04%

Cash On Cash

3%

Cap Rate

0.49

DSCR

$1,816

Rent

-$1,158

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,816 income − $2,974 expenses = $1,158 out of pocket

Income$1,816Out of Pocket$1,158Mortgage P&I$2,097115%Property Taxes$26014%Insurance$1448%Management$18210%CapEx$915%Vacancy$1096%Maintenance$915%

Investment Breakdown

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Purchase Price

$413k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,625

Downpayment

20%

$82,500

Closing costs

1%

$4,125

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,816

Total Expenses

$2,974

Mortgage P&I

115%

$2,097

Property Taxes

14%

$260

Home Insurance

8%

$144

HOA

0%

$0

Property Management

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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