REI Lense

REI Lense

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$1,629 (target)

834 N West Ave, Sidney, OH 45365

3 beds • 2 baths • 1687 sqft

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This property looks like a bad Long-Term investment with a projected -7.06% first-year return on $47,229 initial cash invested.

-7.06%

Cash On Cash

5.54%

Cap Rate

0.84

DSCR

$1,629

Rent

-$278

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,629 income − $1,907 expenses = $278 out of pocket

Income$1,629Out of Pocket$278Mortgage P&I$1,23676%Property Taxes$16910%Insurance$795%Management$16310%CapEx$815%Vacancy$986%Maintenance$815%

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,629

Total Expenses

$1,907

Mortgage P&I

76%

$1,236

Property Taxes

10%

$169

Home Insurance

5%

$79

HOA

0%

$0

Property Management

10%

$163

CapEx

5%

$81

Vacancy

6%

$98

Maintenance

5%

$81

Other

0%

$0

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