REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,956 (target)

10657 Fall Creek Dr, Newburgh, IN 47630

3 beds • 2 baths • 1422 sqft

Email

This property looks like a bad Long-Term investment with a projected -4.3% first-year return on $60,585 initial cash invested.

-4.3%

Cash On Cash

5.47%

Cap Rate

0.92

DSCR

$1,956

Rent

-$217

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,956 income − $2,173 expenses = $217 out of pocket

Income$1,956Out of Pocket$217Mortgage P&I$1,43373%Property Taxes$1276%Insurance$1045%Management$19610%CapEx$985%Vacancy$1176%Maintenance$985%

Investment Breakdown

|

Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,585

Downpayment

20%

$57,700

Closing costs

1%

$2,885

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,956

Total Expenses

$2,173

Mortgage P&I

73%

$1,433

Property Taxes

6%

$127

Home Insurance

5%

$104

HOA

0%

$0

Property Management

10%

$196

CapEx

5%

$98

Vacancy

6%

$117

Maintenance

5%

$98

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis