REI Lense

REI Lense

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$1,295 (target)

1524 S Main St, Kokomo, IN 46902

3 beds • 2 baths • 1176 sqft

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This property looks like a bad Long-Term investment with a projected -0.15% first-year return on $32,991 initial cash invested.

-0.15%

Cash On Cash

6.78%

Cap Rate

1.07

DSCR

$1,295

Rent

-$4

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,295 income − $1,299 expenses = $4 out of pocket

Income$1,295Out of Pocket$4Mortgage P&I$82664%Property Taxes$917%Insurance$443%Management$13010%CapEx$655%Vacancy$786%Maintenance$655%

Investment Breakdown

|

Purchase Price

$157k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,991

Downpayment

20%

$31,420

Closing costs

1%

$1,571

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,295

Total Expenses

$1,299

Mortgage P&I

64%

$826

Property Taxes

7%

$91

Home Insurance

3%

$44

HOA

0%

$0

Property Management

10%

$130

CapEx

5%

$65

Vacancy

6%

$78

Maintenance

5%

$65

Other

0%

$0

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