REI Lense

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$900 (target)

1217 W 3rd St, Anderson, IN 46016

3 beds • 2 baths • 1285 sqft

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This property looks like a bad Long-Term investment with a projected -11.66% first-year return on $31,479 initial cash invested.

-11.66%

Cash On Cash

4.27%

Cap Rate

0.67

DSCR

$900

Rent

-$306

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$900 income − $1,206 expenses = $306 out of pocket

Income$900Out of Pocket$306Mortgage P&I$79588%Property Taxes$12514%Insurance$526%Management$9010%CapEx$455%Vacancy$546%Maintenance$455%

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$900

Total Expenses

$1,206

Mortgage P&I

88%

$795

Property Taxes

14%

$125

Home Insurance

6%

$52

HOA

0%

$0

Property Management

10%

$90

CapEx

5%

$45

Vacancy

6%

$54

Maintenance

5%

$45

Other

0%

$0

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