REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2109 Wood Avenue, New Albany, IN 47150

3 beds • 2 baths • 1235 sqft

Email

This property might be a fair Mid-Term investment with a projected 5.42% first-year return on $58,845 initial cash invested.

5.42%

Cash On Cash

8.49%

Cap Rate

1.36

DSCR

$2,397

Rent

$266

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$195k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,845

Downpayment

20%

$38,900

Closing costs

1%

$1,945

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,397

Total Expenses

$2,131

Mortgage P&I

42%

$1,014

Property Taxes

10%

$231

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$288

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$264

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis