REI Lense

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$2,116 (target)

1026 Miller Woods Way, New Haven, IN 46774

3 beds • 2 baths • 1498 sqft

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This property looks like a bad Long-Term investment with a projected -6.81% first-year return on $66,297 initial cash invested.

-6.81%

Cash On Cash

4.99%

Cap Rate

0.83

DSCR

$2,116

Rent

-$376

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,116 income − $2,492 expenses = $376 out of pocket

Income$2,116Out of Pocket$376Mortgage P&I$1,58275%Property Taxes$21810%Insurance$1125%HOA$291%Management$21210%CapEx$1065%Vacancy$1276%Maintenance$1065%

Investment Breakdown

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Purchase Price

$316k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,297

Downpayment

20%

$63,140

Closing costs

1%

$3,157

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,116

Total Expenses

$2,492

Mortgage P&I

75%

$1,582

Property Taxes

10%

$218

Home Insurance

5%

$112

HOA

1%

$29

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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