REI Lense

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$2,901 (target)

14941 Bonanza Ct W, Granger, IN 46530

3 beds • 3 baths • 2526 sqft

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This property looks like a bad Long-Term investment with a projected -4.15% first-year return on $84,147 initial cash invested.

-4.15%

Cash On Cash

5.76%

Cap Rate

0.93

DSCR

$2,901

Rent

-$291

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,901 income − $3,192 expenses = $291 out of pocket

Income$2,901Out of Pocket$291Mortgage P&I$2,06871%Property Taxes$2177%Insurance$1445%HOA$9Management$29010%CapEx$1455%Vacancy$1746%Maintenance$1455%

Investment Breakdown

|

Purchase Price

$401k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,147

Downpayment

20%

$80,140

Closing costs

1%

$4,007

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,901

Total Expenses

$3,192

Mortgage P&I

71%

$2,068

Property Taxes

7%

$217

Home Insurance

5%

$144

HOA

0%

$9

Property Management

10%

$290

CapEx

5%

$145

Vacancy

6%

$174

Maintenance

5%

$145

Other

0%

$0

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