REI Lense

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$2,526 (target)

11 Goldenrod Ct, Lafayette, IN 47909

3 beds • 2 baths • 1239 sqft

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This property might be a fair Mid-Term investment with a projected 2.54% first-year return on $73,755 initial cash invested.

2.54%

Cash On Cash

7.31%

Cap Rate

1.19

DSCR

$2,526

Rent

$156

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,526 income − $2,370 expenses = $156 cash flow

Income$2,526Mortgage P&I$1,36054%Property Taxes$572%Insurance$944%Management$30312%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27811%Cash Flow$156

Investment Breakdown

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Purchase Price

$266k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,755

Downpayment

20%

$53,100

Closing costs

1%

$2,655

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,526

Total Expenses

$2,370

Mortgage P&I

54%

$1,360

Property Taxes

2%

$57

Home Insurance

4%

$94

HOA

0%

$0

Property Management

12%

$303

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$278

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