REI Lense

REI Lense

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$1,442 (target)

1202 W Pacific Ave, Knox, IN 46534

3 beds • 2 baths • 1570 sqft

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This property looks like a bad Long-Term investment with a projected -3.73% first-year return on $41,790 initial cash invested.

-3.73%

Cash On Cash

5.69%

Cap Rate

0.94

DSCR

$1,442

Rent

-$130

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,442 income − $1,572 expenses = $130 out of pocket

Income$1,442Out of Pocket$130Mortgage P&I$1,00269%Property Taxes$977%Insurance$987%Management$14410%CapEx$725%Vacancy$876%Maintenance$725%

Investment Breakdown

|

Purchase Price

$199k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,790

Downpayment

20%

$39,800

Closing costs

1%

$1,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,442

Total Expenses

$1,572

Mortgage P&I

69%

$1,002

Property Taxes

7%

$97

Home Insurance

7%

$98

HOA

0%

$0

Property Management

10%

$144

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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