REI Lense

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$2,775 (target)

153 E Melchoir Dr S, Santa Claus, IN 47579

3 beds • 2 baths • 2024 sqft

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This property looks like a bad Mid-Term investment with a projected -8.29% first-year return on $112k initial cash invested.

-8.29%

Cash On Cash

4.07%

Cap Rate

0.7

DSCR

$2,775

Rent

-$777

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,775 income − $3,552 expenses = $777 out of pocket

Income$2,775Out of Pocket$777Mortgage P&I$2,19179%Property Taxes$2178%Insurance$1586%HOA$432%Management$33312%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30511%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,980

Closing costs

1%

$4,499

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,775

Total Expenses

$3,552

Mortgage P&I

79%

$2,191

Property Taxes

8%

$217

Home Insurance

6%

$158

HOA

2%

$43

Property Management

12%

$333

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

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