REI Lense

REI Lense

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$1,606 (target)

621 N Union St, Fostoria, OH 44830

3 beds • 2 baths • 1726 sqft

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This property might be a fair Long-Term investment with a projected 1.25% first-year return on $37,569 initial cash invested.

1.25%

Cash On Cash

7.37%

Cap Rate

1.12

DSCR

$1,606

Rent

$39

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,606 income − $1,567 expenses = $39 cash flow

Income$1,606Mortgage P&I$97961%Property Taxes$1197%Insurance$523%Management$16110%CapEx$805%Vacancy$966%Maintenance$805%Cash Flow$39

Investment Breakdown

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Purchase Price

$179k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,569

Downpayment

20%

$35,780

Closing costs

1%

$1,789

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,606

Total Expenses

$1,567

Mortgage P&I

61%

$979

Property Taxes

7%

$119

Home Insurance

3%

$52

HOA

0%

$0

Property Management

10%

$161

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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