REI Lense

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$1,574 (target)

7013 Township Road 29, Mansfield, OH 44904

3 beds • 2 baths • 1088 sqft

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This property might be a fair Long-Term investment with a projected 4.57% first-year return on $33,579 initial cash invested.

4.57%

Cash On Cash

8.09%

Cap Rate

1.24

DSCR

$1,574

Rent

$128

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,574 income − $1,446 expenses = $128 cash flow

Income$1,574Mortgage P&I$87155%Property Taxes$1107%Insurance$564%Management$15710%CapEx$795%Vacancy$946%Maintenance$795%Cash Flow$128

Investment Breakdown

|

Purchase Price

$160k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,579

Downpayment

20%

$31,980

Closing costs

1%

$1,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,574

Total Expenses

$1,446

Mortgage P&I

55%

$871

Property Taxes

7%

$110

Home Insurance

4%

$56

HOA

0%

$0

Property Management

10%

$157

CapEx

5%

$79

Vacancy

6%

$94

Maintenance

5%

$79

Other

0%

$0

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