REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,478 (target)

216 Lawndale Pl, Michigan City, IN 46360

3 beds • 2 baths • 1808 sqft

Email

This property might be a fair Long-Term investment with a projected 7.88% first-year return on $49,350 initial cash invested.

7.88%

Cash On Cash

8.82%

Cap Rate

1.35

DSCR

$2,478

Rent

$324

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,478 income − $2,154 expenses = $324 cash flow

Income$2,478Mortgage P&I$1,27952%Property Taxes$1486%Insurance$823%Management$24810%CapEx$1245%Vacancy$1496%Maintenance$1245%Cash Flow$324

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,478

Total Expenses

$2,154

Mortgage P&I

52%

$1,279

Property Taxes

6%

$148

Home Insurance

3%

$82

HOA

0%

$0

Property Management

10%

$248

CapEx

5%

$124

Vacancy

6%

$149

Maintenance

5%

$124

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis