REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1114 W 17th St, Muncie, IN 47302

3 beds • 1 baths • 1871 sqft

Email

This property could be a profitable Long-Term investment with a projected 46.95% first-year return on $12,600 initial cash invested.

46.95%

Cash On Cash

17.08%

Cap Rate

2.85

DSCR

$1,220

Rent

$493

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$60,000

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$12,600

Downpayment

20%

$12,000

Closing costs

1%

$600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,220

Total Expenses

$727

Mortgage P&I

25%

$300

Property Taxes

7%

$89

Home Insurance

2%

$21

HOA

0%

$0

Property Management

10%

$122

CapEx

5%

$61

Vacancy

6%

$73

Maintenance

5%

$61

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

605 W 10th St, Muncie, IN 47302

$1,150

3

1

1688

0.5 mi

623 W 9th St, Muncie, IN 47302

$1,499

3

1

1574

0.5 mi

2208 S Pershing Dr, Muncie, IN 47302

$1,300

3

1

1550

1.1 mi

309 W Memorial Dr, Muncie, IN 47302

$1,350

3

2

1850

0.6 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis