REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,330 (target)

2101 N Benton Rd, Muncie, IN 47304

3 beds • 3 baths • 3566 sqft

Email

This property looks like a bad Mid-Term investment with a projected -10.14% first-year return on $120k initial cash invested.

-10.14%

Cash On Cash

4.37%

Cap Rate

0.67

DSCR

$3,330

Rent

-$1,013

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,330 income − $4,343 expenses = $1,013 out of pocket

Income$3,330Out of Pocket$1,013Mortgage P&I$2,64779%Property Taxes$39412%Insurance$1705%Management$40012%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36611%

Investment Breakdown

|

Purchase Price

$485k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,000

Closing costs

1%

$4,850

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,330

Total Expenses

$4,343

Mortgage P&I

79%

$2,647

Property Taxes

12%

$394

Home Insurance

5%

$170

HOA

0%

$0

Property Management

12%

$400

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$366

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis