REI Lense

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$1,337 (target)

845 Spruce St, Fostoria, OH 44830

3 beds • 2 baths • 1796 sqft

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This property looks like a bad Long-Term investment with a projected -0.66% first-year return on $30,975 initial cash invested.

-0.66%

Cash On Cash

6.8%

Cap Rate

1.06

DSCR

$1,337

Rent

-$17

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,337 income − $1,354 expenses = $17 out of pocket

Income$1,337Out of Pocket$17Mortgage P&I$78659%Property Taxes$16212%Insurance$584%Management$13410%CapEx$675%Vacancy$806%Maintenance$675%

Investment Breakdown

|

Purchase Price

$148k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,975

Downpayment

20%

$29,500

Closing costs

1%

$1,475

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,337

Total Expenses

$1,354

Mortgage P&I

59%

$786

Property Taxes

12%

$162

Home Insurance

4%

$58

HOA

0%

$0

Property Management

10%

$134

CapEx

5%

$67

Vacancy

6%

$80

Maintenance

5%

$67

Other

0%

$0

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