REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,524 (target)

112 Blaine St, Michigan City, IN 46360

3 beds • 2 baths • 1419 sqft

Email

This property looks like a bad Long-Term investment with a projected -20.23% first-year return on $98,700 initial cash invested.

-20.23%

Cash On Cash

2.26%

Cap Rate

0.36

DSCR

$1,524

Rent

-$1,664

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,524 income − $3,188 expenses = $1,664 out of pocket

Income$1,524Out of Pocket$1,664Mortgage P&I$2,472162%Property Taxes$15710%Insurance$16411%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

|

Purchase Price

$470k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,700

Downpayment

20%

$94,000

Closing costs

1%

$4,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,524

Total Expenses

$3,188

Mortgage P&I

162%

$2,472

Property Taxes

10%

$157

Home Insurance

11%

$164

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis