REI Lense

REI Lense

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$1,707 (target)

720 S Main St, Urbana, OH 43078

3 beds • 2 baths • 1960 sqft

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This property looks like a bad Long-Term investment with a projected -1.57% first-year return on $41,979 initial cash invested.

-1.57%

Cash On Cash

6.59%

Cap Rate

1.03

DSCR

$1,707

Rent

-$55

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,707 income − $1,762 expenses = $55 out of pocket

Income$1,707Out of Pocket$55Mortgage P&I$1,06863%Property Taxes$18111%Insurance$704%Management$17110%CapEx$855%Vacancy$1026%Maintenance$855%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,707

Total Expenses

$1,762

Mortgage P&I

63%

$1,068

Property Taxes

11%

$181

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$171

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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