REI Lense

REI Lense

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$1,682 (target)

8 Ridge St, Williamsport, PA 17701

3 beds • 2 baths • 1196 sqft

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This property looks like a bad Long-Term investment with a projected -11.57% first-year return on $56,133 initial cash invested.

-11.57%

Cash On Cash

4.13%

Cap Rate

0.67

DSCR

$1,682

Rent

-$541

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,682 income − $2,223 expenses = $541 out of pocket

Income$1,682Out of Pocket$541Mortgage P&I$1,37882%Property Taxes$31219%Insurance$966%Management$16810%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

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Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,133

Downpayment

20%

$53,460

Closing costs

1%

$2,673

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,682

Total Expenses

$2,223

Mortgage P&I

82%

$1,378

Property Taxes

19%

$312

Home Insurance

6%

$96

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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