REI Lense

REI Lense

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$1,410 (target)

1146 Maryland St, Gary, IN 46407

3 beds • 2 baths • 2606 sqft

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This property looks like a bad Long-Term investment with a projected -5.5% first-year return on $43,659 initial cash invested.

-5.5%

Cash On Cash

5.66%

Cap Rate

0.88

DSCR

$1,410

Rent

-$200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$208k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,659

Downpayment

20%

$41,580

Closing costs

1%

$2,079

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,410

Total Expenses

$1,610

Mortgage P&I

79%

$1,111

Property Taxes

4%

$61

Home Insurance

5%

$72

HOA

0%

$0

Property Management

10%

$141

CapEx

5%

$70

Vacancy

6%

$85

Maintenance

5%

$70

Other

0%

$0

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