REI Lense

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$1,653 (target)

10318 N 1200 W, Monticello, IN 47960

3 beds • 2 baths • 1568 sqft

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This property looks like a bad Long-Term investment with a projected -24.54% first-year return on $126k initial cash invested.

-24.54%

Cash On Cash

1.11%

Cap Rate

0.18

DSCR

$1,653

Rent

-$2,577

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,653 income − $4,230 expenses = $2,577 out of pocket

Income$1,653Out of Pocket$2,577Mortgage P&I$3,047184%Property Taxes$54333%Insurance$21013%Management$16510%CapEx$835%Vacancy$996%Maintenance$835%

Investment Breakdown

|

Purchase Price

$600k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$120k

Closing costs

1%

$6,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,653

Total Expenses

$4,230

Mortgage P&I

184%

$3,047

Property Taxes

33%

$543

Home Insurance

13%

$210

HOA

0%

$0

Property Management

10%

$165

CapEx

5%

$83

Vacancy

6%

$99

Maintenance

5%

$83

Other

0%

$0

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