REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,430 (target)

1448 W 86th Ave, Merrillville, IN 46410

3 beds • 2 baths • 1828 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.52% first-year return on $88,350 initial cash invested.

3.52%

Cash On Cash

7.52%

Cap Rate

1.23

DSCR

$3,430

Rent

$259

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,430 income − $3,171 expenses = $259 cash flow

Income$3,430Mortgage P&I$1,70350%Property Taxes$1785%Insurance$1173%HOA$7Management$41212%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37711%Cash Flow$259

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,350

Downpayment

20%

$67,000

Closing costs

1%

$3,350

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,430

Total Expenses

$3,171

Mortgage P&I

50%

$1,703

Property Taxes

5%

$178

Home Insurance

3%

$117

HOA

0%

$7

Property Management

12%

$412

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$377

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis