REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,546 (target)

1516 Tartan Ln, New Haven, IN 46774

3 beds • 2 baths • 1404 sqft

Email

This property might be a fair Mid-Term investment with a projected 5.09% first-year return on $63,864 initial cash invested.

5.09%

Cash On Cash

8.56%

Cap Rate

1.31

DSCR

$2,546

Rent

$271

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,546 income − $2,275 expenses = $271 cash flow

Income$2,546Mortgage P&I$1,18547%Property Taxes$1456%Insurance$793%Management$30612%CapEx$1024%Vacancy$763%Maintenance$1024%Other$28011%Cash Flow$271

Investment Breakdown

|

Purchase Price

$218k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,864

Downpayment

20%

$43,680

Closing costs

1%

$2,184

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,546

Total Expenses

$2,275

Mortgage P&I

47%

$1,185

Property Taxes

6%

$145

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$280

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis