REI Lense

REI Lense

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$1,604 (target)

61 Main St, Tiffin, OH 44883

3 beds • 2 baths • 1568 sqft

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This property looks like a bad Long-Term investment with a projected -4.48% first-year return on $43,911 initial cash invested.

-4.48%

Cash On Cash

6.07%

Cap Rate

0.93

DSCR

$1,604

Rent

-$164

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,604 income − $1,768 expenses = $164 out of pocket

Income$1,604Out of Pocket$164Mortgage P&I$1,14171%Property Taxes$1368%Insurance$755%Management$16010%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,911

Downpayment

20%

$41,820

Closing costs

1%

$2,091

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,604

Total Expenses

$1,768

Mortgage P&I

71%

$1,141

Property Taxes

8%

$136

Home Insurance

5%

$75

HOA

0%

$0

Property Management

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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