REI Lense

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$2,780 (target)

8871 W National Rd, New Carlisle, OH 45344

3 beds • 2 baths • 1964 sqft

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This property might be a fair Mid-Term investment with a projected 0.44% first-year return on $79,341 initial cash invested.

0.44%

Cash On Cash

6.63%

Cap Rate

1.1

DSCR

$2,780

Rent

$29

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,780 income − $2,751 expenses = $29 cash flow

Income$2,780Mortgage P&I$1,47353%Property Taxes$2288%Insurance$1054%Management$33412%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30611%Cash Flow$29

Investment Breakdown

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Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,341

Downpayment

20%

$58,420

Closing costs

1%

$2,921

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,780

Total Expenses

$2,751

Mortgage P&I

53%

$1,473

Property Taxes

8%

$228

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$334

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$306

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