REI Lense

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$3,861 (target)

20711 Windrush Ct, South Bend, IN 46614

3 beds • 3 baths • 2217 sqft

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This property might be a fair Mid-Term investment with a projected 1.21% first-year return on $99,900 initial cash invested.

1.21%

Cash On Cash

6.95%

Cap Rate

1.13

DSCR

$3,861

Rent

$101

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,861 income − $3,760 expenses = $101 cash flow

Income$3,861Mortgage P&I$2,00452%Property Taxes$3088%Insurance$1364%Management$46312%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42511%Cash Flow$101

Investment Breakdown

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Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,900

Downpayment

20%

$78,000

Closing costs

1%

$3,900

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,861

Total Expenses

$3,760

Mortgage P&I

52%

$2,004

Property Taxes

8%

$308

Home Insurance

4%

$136

HOA

0%

$0

Property Management

12%

$463

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$425

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