REI Lense

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$3,891 (target)

122 Boyd Cir, Michigan City, IN 46360

3 beds • 2 baths • 1951 sqft

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This property could be a profitable Mid-Term investment with a projected 13.11% first-year return on $78,354 initial cash invested.

13.11%

Cash On Cash

10.19%

Cap Rate

1.71

DSCR

$3,891

Rent

$856

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,354

Downpayment

20%

$57,480

Closing costs

1%

$2,874

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,891

Total Expenses

$3,035

Mortgage P&I

37%

$1,428

Property Taxes

5%

$178

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$467

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$428

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