REI Lense

REI Lense

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$1,349 (target)

7737 County Road 242, Bellville, OH 44813

3 beds • 2 baths • 1428 sqft

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This property looks like a bad Long-Term investment with a projected -8.98% first-year return on $41,979 initial cash invested.

-8.98%

Cash On Cash

4.88%

Cap Rate

0.77

DSCR

$1,349

Rent

-$314

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,349 income − $1,663 expenses = $314 out of pocket

Income$1,349Out of Pocket$314Mortgage P&I$1,06079%Property Taxes$18314%Insurance$705%Management$13510%CapEx$675%Vacancy$816%Maintenance$675%

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

$1,349

Total Expenses

$1,663

Mortgage P&I

79%

$1,060

Property Taxes

14%

$183

Home Insurance

5%

$70

HOA

0%

$0

Property Management

10%

$135

CapEx

5%

$67

Vacancy

6%

$81

Maintenance

5%

$67

Other

0%

$0

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