REI Lense

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$2,409 (target)

621 N Union St, Fostoria, OH 44830

3 beds • 2 baths • 1726 sqft

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This property might be a fair Mid-Term investment with a projected 9.52% first-year return on $55,569 initial cash invested.

9.52%

Cash On Cash

10.17%

Cap Rate

1.55

DSCR

$2,409

Rent

$441

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,409 income − $1,968 expenses = $441 cash flow

Income$2,409Mortgage P&I$97941%Property Taxes$1195%Insurance$522%Management$28912%CapEx$964%Vacancy$723%Maintenance$964%Other$26511%Cash Flow$441

Investment Breakdown

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Purchase Price

$179k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,569

Downpayment

20%

$35,780

Closing costs

1%

$1,789

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,409

Total Expenses

$1,968

Mortgage P&I

41%

$979

Property Taxes

5%

$119

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$289

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$265

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