REI Lense

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$2,295 (target)

6466 Saint Leger Ave NE, Canton, OH 44721

3 beds • 3 baths • 1992 sqft

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This property looks like a bad Long-Term investment with a projected -7.2% first-year return on $68,292 initial cash invested.

-7.2%

Cash On Cash

5.27%

Cap Rate

0.83

DSCR

$2,295

Rent

-$410

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,295 income − $2,705 expenses = $410 out of pocket

Income$2,295Out of Pocket$410Mortgage P&I$1,72275%Property Taxes$23610%Insurance$1165%HOA$331%Management$23010%CapEx$1155%Vacancy$1386%Maintenance$1155%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,292

Downpayment

20%

$65,040

Closing costs

1%

$3,252

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,295

Total Expenses

$2,705

Mortgage P&I

75%

$1,722

Property Taxes

10%

$236

Home Insurance

5%

$116

HOA

1%

$33

Property Management

10%

$230

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

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