REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,384 (target)

1499 E Rudder Road, Salem, IN 47167

3 beds • 3 baths • 2728 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.01% first-year return on $104k initial cash invested.

-2.01%

Cash On Cash

5.93%

Cap Rate

0.98

DSCR

$3,384

Rent

-$174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$409k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,800

Closing costs

1%

$4,090

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,384

Total Expenses

$3,558

Mortgage P&I

61%

$2,059

Property Taxes

6%

$200

Home Insurance

4%

$149

HOA

0%

$0

Property Management

12%

$406

CapEx

4%

$135

Vacancy

3%

$102

Maintenance

4%

$135

Other

11%

$372

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis