REI Lense

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$4,314 (target)

11901 Buttercup Ln, Granger, IN 46530

3 beds • 3 baths • 2373 sqft

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This property might be a fair Mid-Term investment with a projected 8.36% first-year return on $94,356 initial cash invested.

8.36%

Cash On Cash

8.75%

Cap Rate

1.46

DSCR

$4,314

Rent

$657

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,314 income − $3,657 expenses = $657 cash flow

Income$4,314Mortgage P&I$1,82242%Property Taxes$2285%Insurance$1303%HOA$9Management$51812%CapEx$1734%Vacancy$1293%Maintenance$1734%Other$47511%Cash Flow$657

Investment Breakdown

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Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,356

Downpayment

20%

$72,720

Closing costs

1%

$3,636

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,314

Total Expenses

$3,657

Mortgage P&I

42%

$1,822

Property Taxes

5%

$228

Home Insurance

3%

$130

HOA

0%

$9

Property Management

12%

$518

CapEx

4%

$173

Vacancy

3%

$129

Maintenance

4%

$173

Other

11%

$475

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