REI Lense

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$2,418 (target)

713 W Benton St, Wapakoneta, OH 45895

3 beds • 2 baths • 2309 sqft

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This property might be a fair Mid-Term investment with a projected 3.63% first-year return on $61,869 initial cash invested.

3.63%

Cash On Cash

8.16%

Cap Rate

1.25

DSCR

$2,418

Rent

$187

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,418 income − $2,231 expenses = $187 cash flow

Income$2,418Mortgage P&I$1,13747%Property Taxes$1838%Insurance$884%Management$29012%CapEx$974%Vacancy$733%Maintenance$974%Other$26611%Cash Flow$187

Investment Breakdown

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Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,869

Downpayment

20%

$41,780

Closing costs

1%

$2,089

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,418

Total Expenses

$2,231

Mortgage P&I

47%

$1,137

Property Taxes

8%

$183

Home Insurance

4%

$88

HOA

0%

$0

Property Management

12%

$290

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$266

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