REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,572 (target)

1121 Smith St, Logansport, IN 46947

3 beds • 2 baths • 1440 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.97% first-year return on $48,450 initial cash invested.

2.97%

Cash On Cash

8.06%

Cap Rate

1.23

DSCR

$1,572

Rent

$120

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,572 income − $1,452 expenses = $120 cash flow

Income$1,572Mortgage P&I$79150%Property Taxes$755%Insurance$513%Management$18912%CapEx$634%Vacancy$473%Maintenance$634%Other$17311%Cash Flow$120

Investment Breakdown

|

Purchase Price

$145k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,450

Downpayment

20%

$29,000

Closing costs

1%

$1,450

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,572

Total Expenses

$1,452

Mortgage P&I

50%

$791

Property Taxes

5%

$75

Home Insurance

3%

$51

HOA

0%

$0

Property Management

12%

$189

CapEx

4%

$63

Vacancy

3%

$47

Maintenance

4%

$63

Other

11%

$173

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis