REI Lense

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$3,585 (target)

1010 2nd St, La Porte, IN 46350

3 beds • 2 baths • 1762 sqft

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This property could be a profitable Mid-Term investment with a projected 31.07% first-year return on $51,684 initial cash invested.

31.07%

Cash On Cash

17.54%

Cap Rate

2.71

DSCR

$3,585

Rent

$1,338

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$160k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,684

Downpayment

20%

$32,080

Closing costs

1%

$1,604

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$3,585

Total Expenses

$2,247

Mortgage P&I

24%

$864

Property Taxes

3%

$107

Home Insurance

2%

$58

HOA

0%

$0

Property Management

12%

$430

CapEx

4%

$143

Vacancy

3%

$108

Maintenance

4%

$143

Other

11%

$394

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