REI Lense

REI Lense

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$1,831 (target)

940 Joliet Dr, Maumee, OH 43537

3 beds • 2 baths • 1075 sqft

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This property looks like a bad Long-Term investment with a projected -4.67% first-year return on $45,465 initial cash invested.

-4.67%

Cash On Cash

5.94%

Cap Rate

0.93

DSCR

$1,831

Rent

-$177

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$217k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,465

Downpayment

20%

$43,300

Closing costs

1%

$2,165

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,831

Total Expenses

$2,008

Mortgage P&I

63%

$1,157

Property Taxes

16%

$301

Home Insurance

4%

$73

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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