REI Lense

REI Lense

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$1,752 (target)

814 Mackenzie Dr, Lima, OH 45805

3 beds • 2 baths • 1209 sqft

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This property might be a fair Long-Term investment with a projected 8.33% first-year return on $34,881 initial cash invested.

8.33%

Cash On Cash

8.73%

Cap Rate

1.38

DSCR

$1,752

Rent

$242

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,752 income − $1,510 expenses = $242 cash flow

Income$1,752Mortgage P&I$87950%Property Taxes$1046%Insurance$714%Management$17510%CapEx$885%Vacancy$1056%Maintenance$885%Cash Flow$242

Investment Breakdown

|

Purchase Price

$166k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,881

Downpayment

20%

$33,220

Closing costs

1%

$1,661

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,752

Total Expenses

$1,510

Mortgage P&I

50%

$879

Property Taxes

6%

$104

Home Insurance

4%

$71

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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