REI Lense

REI Lense

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$2,154 (target)

1280 S 300 E, Knox, IN 46534

3 beds • 2 baths • 1230 sqft

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This property might be a fair Mid-Term investment with a projected 4.08% first-year return on $58,803 initial cash invested.

4.08%

Cash On Cash

8.23%

Cap Rate

1.27

DSCR

$2,154

Rent

$200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$194k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,803

Downpayment

20%

$38,860

Closing costs

1%

$1,943

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,154

Total Expenses

$1,954

Mortgage P&I

49%

$1,047

Property Taxes

5%

$105

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$258

CapEx

4%

$86

Vacancy

3%

$65

Maintenance

4%

$86

Other

11%

$237

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