REI Lense

REI Lense

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$947 (target)

2040 Plum St, Terre Haute, IN 47804

3 beds • 2 baths • 1792 sqft

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This property might be a fair Long-Term investment with a projected 0.82% first-year return on $23,499 initial cash invested.

0.82%

Cash On Cash

6.86%

Cap Rate

1.11

DSCR

$947

Rent

$16

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$947 income − $931 expenses = $16 cash flow

Income$947Mortgage P&I$57761%Property Taxes$697%Insurance$394%Management$9510%CapEx$475%Vacancy$576%Maintenance$475%Cash Flow$16

Investment Breakdown

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Purchase Price

$112k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$23,499

Downpayment

20%

$22,380

Closing costs

1%

$1,119

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$947

Total Expenses

$931

Mortgage P&I

61%

$577

Property Taxes

7%

$69

Home Insurance

4%

$39

HOA

0%

$0

Property Management

10%

$95

CapEx

5%

$47

Vacancy

6%

$57

Maintenance

5%

$47

Other

0%

$0

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