REI Lense

REI Lense

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$1,510 (target)

2014 Wellesley Ln, Kokomo, IN 46902

3 beds • 2 baths • 1192 sqft

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This property looks like a bad Long-Term investment with a projected -9.19% first-year return on $44,520 initial cash invested.

-9.19%

Cash On Cash

4.86%

Cap Rate

0.76

DSCR

$1,510

Rent

-$341

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,510 income − $1,851 expenses = $341 out of pocket

Income$1,510Out of Pocket$341Mortgage P&I$1,12374%Property Taxes$25917%Insurance$755%Management$15110%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

|

Purchase Price

$212k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,520

Downpayment

20%

$42,400

Closing costs

1%

$2,120

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,510

Total Expenses

$1,851

Mortgage P&I

74%

$1,123

Property Taxes

17%

$259

Home Insurance

5%

$75

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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