REI Lense

REI Lense

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$848 (target)

7901 N Coolville Ridge Rd, Athens, OH 45701

3 beds • 3 baths • 3446 sqft

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This property looks like a bad Long-Term investment with a projected -23.72% first-year return on $53,277 initial cash invested.

-23.72%

Cash On Cash

1.21%

Cap Rate

0.2

DSCR

$848

Rent

-$1,053

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$848 income − $1,901 expenses = $1,053 out of pocket

Income$848Out of Pocket$1,053Mortgage P&I$1,266149%Property Taxes$32638%Insurance$8910%Management$8510%CapEx$425%Vacancy$516%Maintenance$425%

Investment Breakdown

|

Purchase Price

$254k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,277

Downpayment

20%

$50,740

Closing costs

1%

$2,537

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$848

Total Expenses

$1,901

Mortgage P&I

149%

$1,266

Property Taxes

38%

$326

Home Insurance

11%

$89

HOA

0%

$0

Property Management

10%

$85

CapEx

5%

$42

Vacancy

6%

$51

Maintenance

5%

$42

Other

0%

$0

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