REI Lense

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$1,311 (target)

1810 W Wilno Dr, Marion, IN 46952

3 beds • 2 baths • 1338 sqft

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This property looks like a bad Long-Term investment with a projected -4.02% first-year return on $38,220 initial cash invested.

-4.02%

Cash On Cash

5.68%

Cap Rate

0.93

DSCR

$1,311

Rent

-$128

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,311 income − $1,439 expenses = $128 out of pocket

Income$1,311Out of Pocket$128Mortgage P&I$92470%Property Taxes$1088%Insurance$655%Management$13110%CapEx$665%Vacancy$796%Maintenance$665%

Investment Breakdown

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Purchase Price

$182k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,220

Downpayment

20%

$36,400

Closing costs

1%

$1,820

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,311

Total Expenses

$1,439

Mortgage P&I

70%

$924

Property Taxes

8%

$108

Home Insurance

5%

$65

HOA

0%

$0

Property Management

10%

$131

CapEx

5%

$66

Vacancy

6%

$79

Maintenance

5%

$66

Other

0%

$0

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