REI Lense

REI Lense

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$1,412 (target)

6881 State Route 243, South Pt, OH 45680

3 beds • 2 baths • 1125 sqft

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This property looks like a bad Long-Term investment with a projected -9.42% first-year return on $48,279 initial cash invested.

-9.42%

Cash On Cash

4.97%

Cap Rate

0.76

DSCR

$1,412

Rent

-$379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,412 income − $1,791 expenses = $379 out of pocket

Income$1,412Out of Pocket$379Mortgage P&I$1,26089%Property Taxes$836%Insurance$806%Management$14110%CapEx$715%Vacancy$856%Maintenance$715%

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,279

Downpayment

20%

$45,980

Closing costs

1%

$2,299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,412

Total Expenses

$1,791

Mortgage P&I

89%

$1,260

Property Taxes

6%

$83

Home Insurance

6%

$80

HOA

0%

$0

Property Management

10%

$141

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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