REI Lense

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$2,166 (target)

607 Ball Ave, Fremont, OH 43420

3 beds • 2 baths • 1560 sqft

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This property might be a fair Mid-Term investment with a projected 5.62% first-year return on $55,905 initial cash invested.

5.62%

Cash On Cash

8.9%

Cap Rate

1.35

DSCR

$2,166

Rent

$262

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,166 income − $1,904 expenses = $262 cash flow

Income$2,166Mortgage P&I$98946%Property Taxes$1185%Insurance$603%Management$26012%CapEx$874%Vacancy$653%Maintenance$874%Other$23811%Cash Flow$262

Investment Breakdown

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Purchase Price

$181k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,905

Downpayment

20%

$36,100

Closing costs

1%

$1,805

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,166

Total Expenses

$1,904

Mortgage P&I

46%

$989

Property Taxes

5%

$118

Home Insurance

3%

$60

HOA

0%

$0

Property Management

12%

$260

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$238

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