REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

207 Myrtle St, Elkhart, IN 46514

3 beds • 2 baths • 1676 sqft

Email

This property looks like a bad Long-Term investment with a projected -3.61% first-year return on $48,552 initial cash invested.

-3.61%

Cash On Cash

6.01%

Cap Rate

0.95

DSCR

$1,782

Rent

-$146

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$231k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,552

Downpayment

20%

$46,240

Closing costs

1%

$2,312

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,782

Total Expenses

$1,928

Mortgage P&I

68%

$1,215

Property Taxes

9%

$162

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis