REI Lense

REI Lense

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$1,735 (target)

613 River Rd, Maumee, OH 43537

3 beds • 2 baths • 1576 sqft

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This property looks like a bad Long-Term investment with a projected -15.32% first-year return on $68,166 initial cash invested.

-15.32%

Cash On Cash

3.27%

Cap Rate

0.53

DSCR

$1,735

Rent

-$870

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,735 income − $2,605 expenses = $870 out of pocket

Income$1,735Out of Pocket$870Mortgage P&I$1,66796%Property Taxes$37021%Insurance$1167%Management$17410%CapEx$875%Vacancy$1046%Maintenance$875%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,166

Downpayment

20%

$64,920

Closing costs

1%

$3,246

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,735

Total Expenses

$2,605

Mortgage P&I

96%

$1,667

Property Taxes

21%

$370

Home Insurance

7%

$116

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

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