REI Lense

REI Lense

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$1,648 (target)

612 W Madison St, New Carlisle, OH 45344

3 beds • 2 baths • 1414 sqft

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This property looks like a bad Long-Term investment with a projected -0.95% first-year return on $41,538 initial cash invested.

-0.95%

Cash On Cash

6.67%

Cap Rate

1.05

DSCR

$1,648

Rent

-$33

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,648 income − $1,681 expenses = $33 out of pocket

Income$1,648Out of Pocket$33Mortgage P&I$1,05164%Property Taxes$1328%Insurance$704%Management$16510%CapEx$825%Vacancy$996%Maintenance$825%

Investment Breakdown

|

Purchase Price

$198k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,538

Downpayment

20%

$39,560

Closing costs

1%

$1,978

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,648

Total Expenses

$1,681

Mortgage P&I

64%

$1,051

Property Taxes

8%

$132

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$165

CapEx

5%

$82

Vacancy

6%

$99

Maintenance

5%

$82

Other

0%

$0

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