REI Lense

REI Lense

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$2,092 (target)

7175 Franklin Madison Rd, Middletown, OH 45042

3 beds • 3 baths • 2412 sqft

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This property looks like a bad Long-Term investment with a projected -10% first-year return on $69,468 initial cash invested.

-10%

Cash On Cash

4.27%

Cap Rate

0.71

DSCR

$2,092

Rent

-$579

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,092 income − $2,671 expenses = $579 out of pocket

Income$2,092Out of Pocket$579Mortgage P&I$1,65179%Property Taxes$35617%Insurance$1196%Management$20910%CapEx$1055%Vacancy$1266%Maintenance$1055%

Investment Breakdown

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Purchase Price

$331k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,468

Downpayment

20%

$66,160

Closing costs

1%

$3,308

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,092

Total Expenses

$2,671

Mortgage P&I

79%

$1,651

Property Taxes

17%

$356

Home Insurance

6%

$119

HOA

0%

$0

Property Management

10%

$209

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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