REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,007 (target)

2106 High St, South Bend, IN 46613

3 beds • 2 baths • 1152 sqft

Email

This property might be a fair Mid-Term investment with a projected 5.48% first-year return on $53,826 initial cash invested.

5.48%

Cash On Cash

8.74%

Cap Rate

1.36

DSCR

$2,007

Rent

$246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,007 income − $1,761 expenses = $246 cash flow

Income$2,007Mortgage P&I$91746%Property Taxes$1015%Insurance$613%Management$24112%CapEx$804%Vacancy$603%Maintenance$804%Other$22111%Cash Flow$246

Investment Breakdown

|

Purchase Price

$171k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,826

Downpayment

20%

$34,120

Closing costs

1%

$1,706

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,007

Total Expenses

$1,761

Mortgage P&I

46%

$917

Property Taxes

5%

$101

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$241

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$221

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis