REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,844 (target)

1683 E Springwood Dr, Sullivan, IN 47882

3 beds • 2 baths • 2506 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.58% first-year return on $106k initial cash invested.

-6.58%

Cash On Cash

4.7%

Cap Rate

0.78

DSCR

$2,844

Rent

-$582

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,844 income − $3,426 expenses = $582 out of pocket

Income$2,844Out of Pocket$582Mortgage P&I$2,11174%Property Taxes$1947%Insurance$1545%Management$34112%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%

Investment Breakdown

|

Purchase Price

$419k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,880

Closing costs

1%

$4,194

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,844

Total Expenses

$3,426

Mortgage P&I

74%

$2,111

Property Taxes

7%

$194

Home Insurance

5%

$154

HOA

0%

$0

Property Management

12%

$341

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis