REI Lense

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$2,324 (target)

980 Old Springfield Rd, Vandalia, OH 45377

3 beds • 3 baths • 2004 sqft

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This property looks like a bad Long-Term investment with a projected -12.11% first-year return on $76,965 initial cash invested.

-12.11%

Cash On Cash

3.96%

Cap Rate

0.65

DSCR

$2,324

Rent

-$777

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,324 income − $3,101 expenses = $777 out of pocket

Income$2,324Out of Pocket$777Mortgage P&I$1,87080%Property Taxes$49721%Insurance$1316%Management$23210%CapEx$1165%Vacancy$1396%Maintenance$1165%

Investment Breakdown

|

Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,965

Downpayment

20%

$73,300

Closing costs

1%

$3,665

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,324

Total Expenses

$3,101

Mortgage P&I

80%

$1,870

Property Taxes

21%

$497

Home Insurance

6%

$131

HOA

0%

$0

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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