REI Lense

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$2,782 (target)

818 Myrtle St, Scranton, PA 18510

3 beds • 2 baths • 1500 sqft

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This property could be a profitable Mid-Term investment with a projected 21.06% first-year return on $48,597 initial cash invested.

21.06%

Cash On Cash

14.03%

Cap Rate

2.3

DSCR

$2,782

Rent

$853

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,782 income − $1,929 expenses = $853 cash flow

Income$2,782Mortgage P&I$74027%Property Taxes$2168%Insurance$281%Management$33412%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30611%Cash Flow$853

Investment Breakdown

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Purchase Price

$146k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,597

Downpayment

20%

$29,140

Closing costs

1%

$1,457

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,782

Total Expenses

$1,929

Mortgage P&I

27%

$740

Property Taxes

8%

$216

Home Insurance

1%

$28

HOA

0%

$0

Property Management

12%

$334

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$306

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