REI Lense

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$2,194 (target)

844 Merri Ln, Sidney, OH 45365

3 beds • 2 baths • 1306 sqft

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This property might be a fair Mid-Term investment with a projected 7.23% first-year return on $53,469 initial cash invested.

7.23%

Cash On Cash

9.45%

Cap Rate

1.45

DSCR

$2,194

Rent

$322

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,194 income − $1,872 expenses = $322 cash flow

Income$2,194Mortgage P&I$92042%Property Taxes$1457%Insurance$613%Management$26312%CapEx$884%Vacancy$663%Maintenance$884%Other$24111%Cash Flow$322

Investment Breakdown

|

Purchase Price

$169k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,469

Downpayment

20%

$33,780

Closing costs

1%

$1,689

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,194

Total Expenses

$1,872

Mortgage P&I

42%

$920

Property Taxes

7%

$145

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$263

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$241

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