REI Lense

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$1,468 (target)

868 Cliffside Dr, New Carlisle, OH 45344

3 beds • 2 baths • 1025 sqft

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This property looks like a bad Long-Term investment with a projected -8.19% first-year return on $54,390 initial cash invested.

-8.19%

Cash On Cash

4.52%

Cap Rate

0.77

DSCR

$1,468

Rent

-$371

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,468 income − $1,839 expenses = $371 out of pocket

Income$1,468Out of Pocket$371Mortgage P&I$1,27387%Property Taxes$946%Insurance$916%Management$14710%CapEx$735%Vacancy$886%Maintenance$735%

Investment Breakdown

|

Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,390

Downpayment

20%

$51,800

Closing costs

1%

$2,590

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,468

Total Expenses

$1,839

Mortgage P&I

87%

$1,273

Property Taxes

6%

$94

Home Insurance

6%

$91

HOA

0%

$0

Property Management

10%

$147

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

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