REI Lense

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$4,322 (target)

2219 Forest View Ln, Lowell, IN 46356

3 beds • 4 baths • 2560 sqft

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This property might be a fair Mid-Term investment with a projected 0.14% first-year return on $117k initial cash invested.

0.14%

Cash On Cash

6.49%

Cap Rate

1.08

DSCR

$4,322

Rent

$14

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,322 income − $4,308 expenses = $14 cash flow

Income$4,322Mortgage P&I$2,37155%Property Taxes$2847%Insurance$1664%HOA$17Management$51912%CapEx$1734%Vacancy$1303%Maintenance$1734%Other$47511%Cash Flow$14

Investment Breakdown

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Purchase Price

$473k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,600

Closing costs

1%

$4,730

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,322

Total Expenses

$4,308

Mortgage P&I

55%

$2,371

Property Taxes

7%

$284

Home Insurance

4%

$166

HOA

0%

$17

Property Management

12%

$519

CapEx

4%

$173

Vacancy

3%

$130

Maintenance

4%

$173

Other

11%

$475

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