REI Lense

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$1,911 (target)

817 S Progress Ave, Harrisburg, PA 17111

3 beds • 2 baths • 1840 sqft

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This property looks like a bad Long-Term investment with a projected -13.97% first-year return on $65,541 initial cash invested.

-13.97%

Cash On Cash

3.82%

Cap Rate

0.6

DSCR

$1,911

Rent

-$763

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,911 income − $2,674 expenses = $763 out of pocket

Income$1,911Out of Pocket$763Mortgage P&I$1,66087%Property Taxes$39721%Insurance$1196%Management$19110%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

|

Purchase Price

$312k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,541

Downpayment

20%

$62,420

Closing costs

1%

$3,121

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,911

Total Expenses

$2,674

Mortgage P&I

87%

$1,660

Property Taxes

21%

$397

Home Insurance

6%

$119

HOA

0%

$0

Property Management

10%

$191

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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