REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,857 (target)

1051 Pine Gate Rd, Evansville, IN 47725

3 beds • 4 baths • 3106 sqft

Email

This property looks like a bad Long-Term investment with a projected -5.74% first-year return on $84,945 initial cash invested.

-5.74%

Cash On Cash

5.33%

Cap Rate

0.87

DSCR

$2,857

Rent

-$406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,857 income − $3,263 expenses = $406 out of pocket

Income$2,857Out of Pocket$406Mortgage P&I$2,05872%Property Taxes$31311%Insurance$1495%Management$28610%CapEx$1435%Vacancy$1716%Maintenance$1435%

Investment Breakdown

|

Purchase Price

$405k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,945

Downpayment

20%

$80,900

Closing costs

1%

$4,045

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,857

Total Expenses

$3,263

Mortgage P&I

72%

$2,058

Property Taxes

11%

$313

Home Insurance

5%

$149

HOA

0%

$0

Property Management

10%

$286

CapEx

5%

$143

Vacancy

6%

$171

Maintenance

5%

$143

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis