REI Lense

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$2,980 (target)

633 Sharon Dr, Fairborn, OH 45324

3 beds • 3 baths • 1670 sqft

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This property might be a fair Mid-Term investment with a projected 2.04% first-year return on $79,929 initial cash invested.

2.04%

Cash On Cash

7.21%

Cap Rate

1.17

DSCR

$2,980

Rent

$136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,980 income − $2,844 expenses = $136 cash flow

Income$2,980Mortgage P&I$1,51751%Property Taxes$2117%Insurance$1033%Management$35812%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%Cash Flow$136

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,929

Downpayment

20%

$58,980

Closing costs

1%

$2,949

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,980

Total Expenses

$2,844

Mortgage P&I

51%

$1,517

Property Taxes

7%

$211

Home Insurance

3%

$103

HOA

0%

$0

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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