REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,454 (target)

10040 Belmont Ct, Evansville, IN 47711

3 beds • 3 baths • 2426 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.14% first-year return on $88,644 initial cash invested.

3.14%

Cash On Cash

7.37%

Cap Rate

1.22

DSCR

$3,454

Rent

$232

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,454 income − $3,222 expenses = $232 cash flow

Income$3,454Mortgage P&I$1,69549%Property Taxes$2327%Insurance$1214%Management$41412%CapEx$1384%Vacancy$1043%Maintenance$1384%Other$38011%Cash Flow$232

Investment Breakdown

|

Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,644

Downpayment

20%

$67,280

Closing costs

1%

$3,364

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,454

Total Expenses

$3,222

Mortgage P&I

49%

$1,695

Property Taxes

7%

$232

Home Insurance

4%

$121

HOA

0%

$0

Property Management

12%

$414

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$380

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis