REI Lense

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$2,284 (target)

909 Hees Ct, Defiance, OH 43512

3 beds • 2 baths • 1248 sqft

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This property could be a profitable Mid-Term investment with a projected 12.73% first-year return on $50,256 initial cash invested.

12.73%

Cash On Cash

11.41%

Cap Rate

1.75

DSCR

$2,284

Rent

$533

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,284 income − $1,751 expenses = $533 cash flow

Income$2,284Mortgage P&I$83737%Property Taxes$753%Insurance$633%Management$27412%CapEx$914%Vacancy$693%Maintenance$914%Other$25111%Cash Flow$533

Investment Breakdown

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Purchase Price

$154k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,256

Downpayment

20%

$30,720

Closing costs

1%

$1,536

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,284

Total Expenses

$1,751

Mortgage P&I

37%

$837

Property Taxes

3%

$75

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$274

CapEx

4%

$91

Vacancy

3%

$69

Maintenance

4%

$91

Other

11%

$251

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