REI Lense

REI Lense

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$2,525 (target)

1902 Burgundy St, Schererville, IN 46375

3 beds • 3 baths • 1700 sqft

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This property might be a fair Long-Term investment with a projected 0.89% first-year return on $53,676 initial cash invested.

0.89%

Cash On Cash

6.78%

Cap Rate

1.13

DSCR

$2,525

Rent

$40

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,525 income − $2,485 expenses = $40 cash flow

Income$2,525Mortgage P&I$1,27851%Property Taxes$1606%Insurance$914%HOA$30012%Management$25210%CapEx$1265%Vacancy$1526%Maintenance$1265%Cash Flow$40

Investment Breakdown

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Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,676

Downpayment

20%

$51,120

Closing costs

1%

$2,556

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,525

Total Expenses

$2,485

Mortgage P&I

51%

$1,278

Property Taxes

6%

$160

Home Insurance

4%

$91

HOA

12%

$300

Property Management

10%

$252

CapEx

5%

$126

Vacancy

6%

$152

Maintenance

5%

$126

Other

0%

$0

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