REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,638 (target)

1681 S Lockenour Lane, Salem, IN 47167

3 beds • 2 baths • 1344 sqft

Email

This property might be a fair Long-Term investment with a projected 2.1% first-year return on $38,829 initial cash invested.

2.1%

Cash On Cash

7.52%

Cap Rate

1.15

DSCR

$1,638

Rent

$68

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,638 income − $1,570 expenses = $68 cash flow

Income$1,638Mortgage P&I$1,00962%Property Taxes$694%Insurance$664%Management$16410%CapEx$825%Vacancy$986%Maintenance$825%Cash Flow$68

Investment Breakdown

|

Purchase Price

$185k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,829

Downpayment

20%

$36,980

Closing costs

1%

$1,849

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,638

Total Expenses

$1,570

Mortgage P&I

62%

$1,009

Property Taxes

4%

$69

Home Insurance

4%

$66

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis