REI Lense

REI Lense

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$1,774 (target)

6365 Springfield Xenia Rd, Springfield, OH 45502

3 beds • 2 baths • 1404 sqft

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This property looks like a bad Long-Term investment with a projected -11.66% first-year return on $56,280 initial cash invested.

-11.66%

Cash On Cash

4.33%

Cap Rate

0.68

DSCR

$1,774

Rent

-$547

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,774 income − $2,321 expenses = $547 out of pocket

Income$1,774Out of Pocket$547Mortgage P&I$1,42480%Property Taxes$34219%Insurance$945%Management$17710%CapEx$895%Vacancy$1066%Maintenance$895%

Investment Breakdown

|

Purchase Price

$268k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,280

Downpayment

20%

$53,600

Closing costs

1%

$2,680

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,774

Total Expenses

$2,321

Mortgage P&I

80%

$1,424

Property Taxes

19%

$342

Home Insurance

5%

$94

HOA

0%

$0

Property Management

10%

$177

CapEx

5%

$89

Vacancy

6%

$106

Maintenance

5%

$89

Other

0%

$0

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