REI Lense

REI Lense

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$1,439 (target)

830 Old Norse Dr, Eaton, OH 45320

3 beds • 2 baths • 1188 sqft

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This property looks like a bad Long-Term investment with a projected -12.9% first-year return on $49,014 initial cash invested.

-12.9%

Cash On Cash

4.15%

Cap Rate

0.64

DSCR

$1,439

Rent

-$527

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,439 income − $1,966 expenses = $527 out of pocket

Income$1,439Out of Pocket$527Mortgage P&I$1,26288%Property Taxes$15911%Insurance$846%HOA$876%Management$14410%CapEx$725%Vacancy$866%Maintenance$725%

Investment Breakdown

|

Purchase Price

$233k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,014

Downpayment

20%

$46,680

Closing costs

1%

$2,334

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,439

Total Expenses

$1,966

Mortgage P&I

88%

$1,262

Property Taxes

11%

$159

Home Insurance

6%

$84

HOA

6%

$87

Property Management

10%

$144

CapEx

5%

$72

Vacancy

6%

$86

Maintenance

5%

$72

Other

0%

$0

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