REI Lense

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$3,208 (target)

1503 Shadow Lake Dr, Angola, IN 46703

3 beds • 2 baths • 2322 sqft

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This property might be a fair Mid-Term investment with a projected 2.73% first-year return on $84,843 initial cash invested.

2.73%

Cash On Cash

7.4%

Cap Rate

1.2

DSCR

$3,208

Rent

$193

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,208 income − $3,015 expenses = $193 cash flow

Income$3,208Mortgage P&I$1,64351%Property Taxes$1605%Insurance$1144%HOA$8Management$38512%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35311%Cash Flow$193

Investment Breakdown

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Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,843

Downpayment

20%

$63,660

Closing costs

1%

$3,183

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,208

Total Expenses

$3,015

Mortgage P&I

51%

$1,643

Property Taxes

5%

$160

Home Insurance

4%

$114

HOA

0%

$8

Property Management

12%

$385

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$353

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