REI Lense

REI Lense

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$2,794 (target)

1801 N Brighton Rd, Muncie, IN 47304

3 beds • 2 baths • 2472 sqft

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This property looks like a bad Mid-Term investment with a projected -0.52% first-year return on $82,428 initial cash invested.

-0.52%

Cash On Cash

6.29%

Cap Rate

1.05

DSCR

$2,794

Rent

-$36

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$307k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,428

Downpayment

20%

$61,360

Closing costs

1%

$3,068

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,794

Total Expenses

$2,830

Mortgage P&I

55%

$1,532

Property Taxes

9%

$257

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$335

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$307

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