REI Lense

REI Lense

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$1,380 (target)

1738 Cherry St, Huntington, IN 46750

3 beds • 2 baths • 1836 sqft

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This property looks like a bad Long-Term investment with a projected -11.96% first-year return on $52,689 initial cash invested.

-11.96%

Cash On Cash

3.81%

Cap Rate

0.64

DSCR

$1,380

Rent

-$525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,380 income − $1,905 expenses = $525 out of pocket

Income$1,380Out of Pocket$525Mortgage P&I$1,25291%Property Taxes$19614%Insurance$987%Management$13810%CapEx$695%Vacancy$836%Maintenance$695%

Investment Breakdown

|

Purchase Price

$251k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,689

Downpayment

20%

$50,180

Closing costs

1%

$2,509

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,380

Total Expenses

$1,905

Mortgage P&I

91%

$1,252

Property Taxes

14%

$196

Home Insurance

7%

$98

HOA

0%

$0

Property Management

10%

$138

CapEx

5%

$69

Vacancy

6%

$83

Maintenance

5%

$69

Other

0%

$0

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