REI Lense

REI Lense

Unlock all features! Tap here to upgrade

This property looks like a bad Long-Term investment with a projected -6.76% first-year return on $48,300 initial cash invested.

-6.76%

Cash On Cash

5.32%

Cap Rate

0.84

DSCR

$1,640

Rent

-$272

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,640 income − $1,912 expenses = $272 out of pocket

Income$1,640Out of Pocket$272Mortgage P&I$1,20974%Property Taxes$18611%Insurance$916%Management$16410%CapEx$825%Vacancy$986%Maintenance$825%

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,300

Downpayment

20%

$46,000

Closing costs

1%

$2,300

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,640

Total Expenses

$1,912

Mortgage P&I

74%

$1,209

Property Taxes

11%

$186

Home Insurance

6%

$91

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

1229 E Sorin St, South Bend, IN 46617

$1,750

3

2

1214

0.2 mi

904 E Washington St, South Bend, IN 46617

$2,600

3

2

1300

0.5 mi

2123 Dorwood Dr, South Bend, IN 46617

$2,400

3

2

1215

1 mi

1344 Pyle Ave, South Bend, IN 46615

$1,775

3

2

1216

1.3 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis