REI Lense

REI Lense

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$2,117 (target)

918 Minerva Ave, Columbus, OH 43229

3 beds • 2 baths • 925 sqft

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This property looks like a bad Long-Term investment with a projected -2.94% first-year return on $55,881 initial cash invested.

-2.94%

Cash On Cash

6.31%

Cap Rate

0.98

DSCR

$2,117

Rent

-$137

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,117 income − $2,254 expenses = $137 out of pocket

Income$2,117Out of Pocket$137Mortgage P&I$1,43168%Property Taxes$1849%Insurance$884%Management$21210%CapEx$1065%Vacancy$1276%Maintenance$1065%

Investment Breakdown

|

Purchase Price

$266k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,881

Downpayment

20%

$53,220

Closing costs

1%

$2,661

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,117

Total Expenses

$2,254

Mortgage P&I

68%

$1,431

Property Taxes

9%

$184

Home Insurance

4%

$88

HOA

0%

$0

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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