REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,756 (target)

1607 S Main St, Mishawaka, IN 46544

3 beds • 2 baths • 1842 sqft

Email

This property looks like a bad Mid-Term investment with a projected -4.7% first-year return on $98,850 initial cash invested.

-4.7%

Cash On Cash

5.18%

Cap Rate

0.86

DSCR

$2,756

Rent

-$387

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,756 income − $3,143 expenses = $387 out of pocket

Income$2,756Out of Pocket$387Mortgage P&I$1,93970%Property Taxes$1325%Insurance$1355%Management$33112%CapEx$1104%Vacancy$833%Maintenance$1104%Other$30311%

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,850

Downpayment

20%

$77,000

Closing costs

1%

$3,850

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,756

Total Expenses

$3,143

Mortgage P&I

70%

$1,939

Property Taxes

5%

$132

Home Insurance

5%

$135

HOA

0%

$0

Property Management

12%

$331

CapEx

4%

$110

Vacancy

3%

$83

Maintenance

4%

$110

Other

11%

$303

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis