REI Lense

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832 E 2nd St, Defiance, OH 43512

3 beds • 2 baths • 1248 sqft

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This property looks like a bad Airbnb investment with a projected -4.28% first-year return on $54,729 initial cash invested.

-4.28%

Cash On Cash

5.65%

Cap Rate

0.87

DSCR

$1,833

Rent

-$195

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

$54,729

Downpayment

20%

$34,980

Closing costs

1%

$1,749

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,833

Total Expenses

$2,028

Mortgage P&I

52%

$945

Property Taxes

8%

$143

Home Insurance

3%

$61

HOA

0%

$0

Property Management

15%

$275

CapEx

4%

$73

Vacancy

0%

$0

Maintenance

4%

$73

Other

25%

$458

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