REI Lense

REI Lense

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$3,542 (target)

23129 Rumford Dr, South Bend, IN 46628

3 beds • 3 baths • 2846 sqft

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This property looks like a bad Mid-Term investment with a projected -0.17% first-year return on $97,590 initial cash invested.

-0.17%

Cash On Cash

6.45%

Cap Rate

1.07

DSCR

$3,542

Rent

-$14

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,590

Downpayment

20%

$75,800

Closing costs

1%

$3,790

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,542

Total Expenses

$3,556

Mortgage P&I

54%

$1,908

Property Taxes

9%

$310

Home Insurance

4%

$133

HOA

0%

$0

Property Management

12%

$425

CapEx

4%

$142

Vacancy

3%

$106

Maintenance

4%

$142

Other

11%

$390

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