REI Lense

REI Lense

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$1,852 (target)

621 Lehigh Ln, Altoona, PA 16602

3 beds • 2 baths • 1440 sqft

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This property looks like a bad Long-Term investment with a projected -9.61% first-year return on $68,271 initial cash invested.

-9.61%

Cash On Cash

4.37%

Cap Rate

0.72

DSCR

$1,852

Rent

-$547

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,852 income − $2,399 expenses = $547 out of pocket

Income$1,852Out of Pocket$547Mortgage P&I$1,63788%Property Taxes$1669%Insurance$1146%Management$18510%CapEx$935%Vacancy$1116%Maintenance$935%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,271

Downpayment

20%

$65,020

Closing costs

1%

$3,251

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,852

Total Expenses

$2,399

Mortgage P&I

88%

$1,637

Property Taxes

9%

$166

Home Insurance

6%

$114

HOA

0%

$0

Property Management

10%

$185

CapEx

5%

$93

Vacancy

6%

$111

Maintenance

5%

$93

Other

0%

$0

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