REI Lense

REI Lense

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This property could be a profitable Long-Term investment with a projected 28.73% first-year return on $33,579 initial cash invested.

28.73%

Cash On Cash

13.64%

Cap Rate

2.06

DSCR

$2,600

Rent

$804

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,600 income − $1,796 expenses = $804 cash flow

Income$2,600Mortgage P&I$88434%Property Taxes$1807%Insurance$562%Management$26010%CapEx$1305%Vacancy$1566%Maintenance$1305%Cash Flow$804

Investment Breakdown

|

Purchase Price

$160k

Downpayment

20.0%

Interest Rate

7.4%

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

$2,600

Total Expenses

$1,796

Mortgage P&I

34%

$884

Property Taxes

7%

$180

Home Insurance

2%

$56

HOA

0%

$0

Property Management

10%

$260

CapEx

5%

$130

Vacancy

6%

$156

Maintenance

5%

$130

Other

0%

$0

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