REI Lense

REI Lense

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$2,876 (target)

11901 Buttercup Ln, Granger, IN 46530

3 beds • 3 baths • 2373 sqft

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This property looks like a bad Long-Term investment with a projected -0.97% first-year return on $76,356 initial cash invested.

-0.97%

Cash On Cash

6.28%

Cap Rate

1.05

DSCR

$2,876

Rent

-$62

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,876 income − $2,938 expenses = $62 out of pocket

Income$2,876Out of Pocket$62Mortgage P&I$1,82263%Property Taxes$2288%Insurance$1305%HOA$9Management$28810%CapEx$1445%Vacancy$1736%Maintenance$1445%

Investment Breakdown

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Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,356

Downpayment

20%

$72,720

Closing costs

1%

$3,636

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,876

Total Expenses

$2,938

Mortgage P&I

63%

$1,822

Property Taxes

8%

$228

Home Insurance

5%

$130

HOA

0%

$9

Property Management

10%

$288

CapEx

5%

$144

Vacancy

6%

$173

Maintenance

5%

$144

Other

0%

$0

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