REI Lense

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$1,819 (target)

2240 E Thompson Rd, Indianapolis, IN 46227

3 beds • 2 baths • 2099 sqft

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This property looks like a bad Long-Term investment with a projected -1.94% first-year return on $42,756 initial cash invested.

-1.94%

Cash On Cash

6.64%

Cap Rate

1.02

DSCR

$1,819

Rent

-$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,819 income − $1,888 expenses = $69 out of pocket

Income$1,819Out of Pocket$69Mortgage P&I$1,10461%Property Taxes$23813%Insurance$734%Management$18210%CapEx$915%Vacancy$1096%Maintenance$915%

Investment Breakdown

|

Purchase Price

$204k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,756

Downpayment

20%

$40,720

Closing costs

1%

$2,036

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,819

Total Expenses

$1,888

Mortgage P&I

61%

$1,104

Property Taxes

13%

$238

Home Insurance

4%

$73

HOA

0%

$0

Property Management

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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