REI Lense

REI Lense

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$1,442 (target)

753 N Broadway St, Greenville, OH 45331

3 beds • 2 baths • 1710 sqft

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This property looks like a bad Long-Term investment with a projected -13.82% first-year return on $56,784 initial cash invested.

-13.82%

Cash On Cash

3.43%

Cap Rate

0.57

DSCR

$1,442

Rent

-$654

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,442 income − $2,096 expenses = $654 out of pocket

Income$1,442Out of Pocket$654Mortgage P&I$1,35594%Property Taxes$25217%Insurance$1148%Management$14410%CapEx$725%Vacancy$876%Maintenance$725%

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,784

Downpayment

20%

$54,080

Closing costs

1%

$2,704

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,442

Total Expenses

$2,096

Mortgage P&I

94%

$1,355

Property Taxes

17%

$252

Home Insurance

8%

$114

HOA

0%

$0

Property Management

10%

$144

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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