REI Lense

REI Lense

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$1,359 (target)

1220 N Lafontaine St, Huntington, IN 46750

3 beds • 2 baths • 1645 sqft

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This property looks like a bad Long-Term investment with a projected -6.48% first-year return on $42,945 initial cash invested.

-6.48%

Cash On Cash

5.23%

Cap Rate

0.84

DSCR

$1,359

Rent

-$232

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,359 income − $1,591 expenses = $232 out of pocket

Income$1,359Out of Pocket$232Mortgage P&I$1,05678%Property Taxes$13010%Insurance$514%Management$13610%CapEx$685%Vacancy$826%Maintenance$685%

Investment Breakdown

|

Purchase Price

$205k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,945

Downpayment

20%

$40,900

Closing costs

1%

$2,045

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,359

Total Expenses

$1,591

Mortgage P&I

78%

$1,056

Property Taxes

10%

$130

Home Insurance

4%

$51

HOA

0%

$0

Property Management

10%

$136

CapEx

5%

$68

Vacancy

6%

$82

Maintenance

5%

$68

Other

0%

$0

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