REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,632 (target)

1245 N 8th St, Clinton, IN 47842

3 beds • 2 baths • 1196 sqft

Email

This property might be a fair Mid-Term investment with a projected 7.78% first-year return on $42,885 initial cash invested.

7.78%

Cash On Cash

10.26%

Cap Rate

1.51

DSCR

$1,632

Rent

$278

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,632 income − $1,354 expenses = $278 cash flow

Income$1,632Mortgage P&I$67041%Property Taxes$875%Insurance$423%Management$19612%CapEx$654%Vacancy$493%Maintenance$654%Other$18011%Cash Flow$278

Investment Breakdown

|

Purchase Price

$119k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,885

Downpayment

20%

$23,700

Closing costs

1%

$1,185

Rehab

0%

$0

Furnishing

15%

$18,000

Cashflow

Total Income

$1,632

Total Expenses

$1,354

Mortgage P&I

41%

$670

Property Taxes

5%

$87

Home Insurance

3%

$42

HOA

0%

$0

Property Management

12%

$196

CapEx

4%

$65

Vacancy

3%

$49

Maintenance

4%

$65

Other

11%

$180

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis