REI Lense

REI Lense

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$1,511 (target)

832 E 2nd St, Defiance, OH 43512

3 beds • 2 baths • 1248 sqft

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This property looks like a bad Long-Term investment with a projected -1.05% first-year return on $36,729 initial cash invested.

-1.05%

Cash On Cash

6.79%

Cap Rate

1.05

DSCR

$1,511

Rent

-$32

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,729

Downpayment

20%

$34,980

Closing costs

1%

$1,749

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,511

Total Expenses

$1,543

Mortgage P&I

63%

$945

Property Taxes

9%

$143

Home Insurance

4%

$61

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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