REI Lense

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$2,138 (target)

752 E Township Road 122, Tiffin, OH 44883

3 beds • 2 baths • 1500 sqft

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This property might be a fair Mid-Term investment with a projected 5.08% first-year return on $56,220 initial cash invested.

5.08%

Cash On Cash

8.56%

Cap Rate

1.33

DSCR

$2,138

Rent

$238

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,138 income − $1,900 expenses = $238 cash flow

Income$2,138Mortgage P&I$97546%Property Taxes$1336%Insurance$643%Management$25712%CapEx$864%Vacancy$643%Maintenance$864%Other$23511%Cash Flow$238

Investment Breakdown

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Purchase Price

$182k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,220

Downpayment

20%

$36,400

Closing costs

1%

$1,820

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,138

Total Expenses

$1,900

Mortgage P&I

46%

$975

Property Taxes

6%

$133

Home Insurance

3%

$64

HOA

0%

$0

Property Management

12%

$257

CapEx

4%

$86

Vacancy

3%

$64

Maintenance

4%

$86

Other

11%

$235

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