REI Lense

REI Lense

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$1,614 (target)

642 Harrison Ave, Scranton, PA 18510

3 beds • 2 baths • 1600 sqft

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This property might be a fair Long-Term investment with a projected 8.31% first-year return on $28,434 initial cash invested.

8.31%

Cash On Cash

8.92%

Cap Rate

1.38

DSCR

$1,614

Rent

$197

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,614 income − $1,417 expenses = $197 cash flow

Income$1,614Mortgage P&I$72945%Property Taxes$20213%Insurance$664%Management$16110%CapEx$815%Vacancy$976%Maintenance$815%Cash Flow$197

Investment Breakdown

|

Purchase Price

$135k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,434

Downpayment

20%

$27,080

Closing costs

1%

$1,354

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,614

Total Expenses

$1,417

Mortgage P&I

45%

$729

Property Taxes

13%

$202

Home Insurance

4%

$66

HOA

0%

$0

Property Management

10%

$161

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

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