REI Lense

REI Lense

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$1,986 (target)

609 N Clinton St, Defiance, OH 43512

3 beds • 2 baths • 2385 sqft

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This property could be a profitable Mid-Term investment with a projected 12.32% first-year return on $45,279 initial cash invested.

12.32%

Cash On Cash

11.25%

Cap Rate

1.81

DSCR

$1,986

Rent

$465

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$130k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,279

Downpayment

20%

$25,980

Closing costs

1%

$1,299

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$1,986

Total Expenses

$1,521

Mortgage P&I

34%

$674

Property Taxes

6%

$127

Home Insurance

2%

$46

HOA

0%

$0

Property Management

12%

$238

CapEx

4%

$79

Vacancy

3%

$60

Maintenance

4%

$79

Other

11%

$218

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