REI Lense

REI Lense

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$2,157 (target)

1596 56th Pl, Hobart, IN 46342

3 beds • 2 baths • 1537 sqft

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This property might be a fair Long-Term investment with a projected 2.44% first-year return on $52,185 initial cash invested.

2.44%

Cash On Cash

7.13%

Cap Rate

1.17

DSCR

$2,157

Rent

$106

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,157 income − $2,051 expenses = $106 cash flow

Income$2,157Mortgage P&I$1,26259%Property Taxes$1668%Insurance$623%Management$21610%CapEx$1085%Vacancy$1296%Maintenance$1085%Cash Flow$106

Investment Breakdown

|

Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,185

Downpayment

20%

$49,700

Closing costs

1%

$2,485

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,157

Total Expenses

$2,051

Mortgage P&I

59%

$1,262

Property Taxes

8%

$166

Home Insurance

3%

$62

HOA

0%

$0

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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