REI Lense

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$3,112 (target)

11877 N 600 W, Demotte, IN 46310

3 beds • 2 baths • 1352 sqft

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This property might be a fair Mid-Term investment with a projected 0.53% first-year return on $91,080 initial cash invested.

0.53%

Cash On Cash

6.85%

Cap Rate

1.09

DSCR

$3,112

Rent

$40

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,112 income − $3,072 expenses = $40 cash flow

Income$3,112Mortgage P&I$1,82359%Property Taxes$712%Insurance$1224%Management$37312%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34211%Cash Flow$40

Investment Breakdown

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Purchase Price

$348k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,080

Downpayment

20%

$69,600

Closing costs

1%

$3,480

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,112

Total Expenses

$3,072

Mortgage P&I

59%

$1,823

Property Taxes

2%

$71

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$373

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$342

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