REI Lense

REI Lense

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$1,551 (target)

143 President Trl E, Indianapolis, IN 46229

3 beds • 2 baths • 1592 sqft

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This property looks like a bad Long-Term investment with a projected -9.65% first-year return on $49,350 initial cash invested.

-9.65%

Cash On Cash

4.8%

Cap Rate

0.75

DSCR

$1,551

Rent

-$397

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,551 income − $1,948 expenses = $397 out of pocket

Income$1,551Out of Pocket$397Mortgage P&I$1,25981%Property Taxes$20313%Insurance$825%Management$15510%CapEx$785%Vacancy$936%Maintenance$785%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,551

Total Expenses

$1,948

Mortgage P&I

81%

$1,259

Property Taxes

13%

$203

Home Insurance

5%

$82

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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