REI Lense

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$1,989 (target)

1062 N 50 W, Chesterton, IN 46304

3 beds • 2 baths • 1560 sqft

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This property might be a fair Long-Term investment with a projected 0.61% first-year return on $47,250 initial cash invested.

0.61%

Cash On Cash

7.14%

Cap Rate

1.1

DSCR

$1,989

Rent

$24

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,989 income − $1,965 expenses = $24 cash flow

Income$1,989Mortgage P&I$1,21561%Property Taxes$1558%Insurance$794%Management$19910%CapEx$995%Vacancy$1196%Maintenance$995%Cash Flow$24

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,989

Total Expenses

$1,965

Mortgage P&I

61%

$1,215

Property Taxes

8%

$155

Home Insurance

4%

$79

HOA

0%

$0

Property Management

10%

$199

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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