REI Lense

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$2,514 (target)

7304 Franklin Madison Rd, Franklin, OH 45005

3 beds • 2 baths • 1243 sqft

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This property looks like a bad Mid-Term investment with a projected -5.17% first-year return on $84,465 initial cash invested.

-5.17%

Cash On Cash

5.36%

Cap Rate

0.84

DSCR

$2,514

Rent

-$364

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,514 income − $2,878 expenses = $364 out of pocket

Income$2,514Out of Pocket$364Mortgage P&I$1,67667%Property Taxes$2329%Insurance$1145%Management$30212%CapEx$1014%Vacancy$753%Maintenance$1014%Other$27711%

Investment Breakdown

|

Purchase Price

$317k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,465

Downpayment

20%

$63,300

Closing costs

1%

$3,165

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,514

Total Expenses

$2,878

Mortgage P&I

67%

$1,676

Property Taxes

9%

$232

Home Insurance

5%

$114

HOA

0%

$0

Property Management

12%

$302

CapEx

4%

$101

Vacancy

3%

$75

Maintenance

4%

$101

Other

11%

$277

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