REI Lense

REI Lense

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$2,043 (target)

715 Russell Dr, Harrisburg, PA 17112

3 beds • 2 baths • 2319 sqft

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This property looks like a bad Long-Term investment with a projected -13.48% first-year return on $83,076 initial cash invested.

-13.48%

Cash On Cash

3.48%

Cap Rate

0.58

DSCR

$2,043

Rent

-$933

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,043 income − $2,976 expenses = $933 out of pocket

Income$2,043Out of Pocket$933Mortgage P&I$1,97797%Property Taxes$32816%Insurance$1407%Management$20410%CapEx$1025%Vacancy$1236%Maintenance$1025%

Investment Breakdown

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Purchase Price

$396k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,076

Downpayment

20%

$79,120

Closing costs

1%

$3,956

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,043

Total Expenses

$2,976

Mortgage P&I

97%

$1,977

Property Taxes

16%

$328

Home Insurance

7%

$140

HOA

0%

$0

Property Management

10%

$204

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

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