REI Lense

REI Lense

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$1,523 (target)

909 Hees Ct, Defiance, OH 43512

3 beds • 2 baths • 1248 sqft

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This property might be a fair Long-Term investment with a projected 5.69% first-year return on $32,256 initial cash invested.

5.69%

Cash On Cash

8.33%

Cap Rate

1.27

DSCR

$1,523

Rent

$153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,523 income − $1,370 expenses = $153 cash flow

Income$1,523Mortgage P&I$83755%Property Taxes$755%Insurance$634%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%Cash Flow$153

Investment Breakdown

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Purchase Price

$154k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,256

Downpayment

20%

$30,720

Closing costs

1%

$1,536

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,523

Total Expenses

$1,370

Mortgage P&I

55%

$837

Property Taxes

5%

$75

Home Insurance

4%

$63

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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