REI Lense

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$1,780 (target)

1921 Abnaki Way, West Lafayette, IN 47906

3 beds • 2 baths • 1124 sqft

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This property looks like a bad Long-Term investment with a projected -4.36% first-year return on $56,175 initial cash invested.

-4.36%

Cash On Cash

5.5%

Cap Rate

0.91

DSCR

$1,780

Rent

-$204

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,780 income − $1,984 expenses = $204 out of pocket

Income$1,780Out of Pocket$204Mortgage P&I$1,34175%Property Taxes$875%Insurance$935%Management$17810%CapEx$895%Vacancy$1076%Maintenance$895%

Investment Breakdown

|

Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,175

Downpayment

20%

$53,500

Closing costs

1%

$2,675

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,780

Total Expenses

$1,984

Mortgage P&I

75%

$1,341

Property Taxes

5%

$87

Home Insurance

5%

$93

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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