REI Lense

REI Lense

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$1,687 (target)

827 Orchard Glen Ct, Columbus, OH 43228

3 beds • 3 baths • 1144 sqft

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This property looks like a bad Long-Term investment with a projected -8.94% first-year return on $50,862 initial cash invested.

-8.94%

Cash On Cash

5.09%

Cap Rate

0.78

DSCR

$1,687

Rent

-$379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,687 income − $2,066 expenses = $379 out of pocket

Income$1,687Out of Pocket$379Mortgage P&I$1,32278%Property Taxes$23614%Insurance$704%Management$16910%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

|

Purchase Price

$242k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,862

Downpayment

20%

$48,440

Closing costs

1%

$2,422

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,687

Total Expenses

$2,066

Mortgage P&I

78%

$1,322

Property Taxes

14%

$236

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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