REI Lense

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$2,287 (target)

1448 W 86th Ave, Merrillville, IN 46410

3 beds • 2 baths • 1828 sqft

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This property looks like a bad Long-Term investment with a projected -5.32% first-year return on $70,350 initial cash invested.

-5.32%

Cash On Cash

5.39%

Cap Rate

0.88

DSCR

$2,287

Rent

-$312

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,287 income − $2,599 expenses = $312 out of pocket

Income$2,287Out of Pocket$312Mortgage P&I$1,70374%Property Taxes$1788%Insurance$1175%HOA$7Management$22910%CapEx$1145%Vacancy$1376%Maintenance$1145%

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,350

Downpayment

20%

$67,000

Closing costs

1%

$3,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,287

Total Expenses

$2,599

Mortgage P&I

74%

$1,703

Property Taxes

8%

$178

Home Insurance

5%

$117

HOA

0%

$7

Property Management

10%

$229

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

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