REI Lense

REI Lense

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$2,220 (target)

9702 Belmont Cir, Whitehouse, OH 43571

3 beds • 2 baths • 1839 sqft

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This property looks like a bad Long-Term investment with a projected -12.97% first-year return on $79,779 initial cash invested.

-12.97%

Cash On Cash

3.73%

Cap Rate

0.61

DSCR

$2,220

Rent

-$862

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,220 income − $3,082 expenses = $862 out of pocket

Income$2,220Out of Pocket$862Mortgage P&I$1,93187%Property Taxes$31114%Insurance$1336%HOA$1306%Management$22210%CapEx$1115%Vacancy$1336%Maintenance$1115%

Investment Breakdown

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Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,779

Downpayment

20%

$75,980

Closing costs

1%

$3,799

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,220

Total Expenses

$3,082

Mortgage P&I

87%

$1,931

Property Taxes

14%

$311

Home Insurance

6%

$133

HOA

6%

$130

Property Management

10%

$222

CapEx

5%

$111

Vacancy

6%

$133

Maintenance

5%

$111

Other

0%

$0

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