REI Lense

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$1,831 (target)

16516 State Road 62, Charlestown, IN 47111

3 beds • 2 baths • 1344 sqft

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This property might be a fair Long-Term investment with a projected 1.39% first-year return on $43,176 initial cash invested.

1.39%

Cash On Cash

7.19%

Cap Rate

1.13

DSCR

$1,831

Rent

$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$206k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,176

Downpayment

20%

$41,120

Closing costs

1%

$2,056

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,831

Total Expenses

$1,781

Mortgage P&I

60%

$1,090

Property Taxes

8%

$140

Home Insurance

4%

$74

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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