REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,604 (target)

2319 Park Avenue, New Albany, IN 47150

3 beds • 2 baths • 1241 sqft

Email

This property could be a profitable Mid-Term investment with a projected 12.51% first-year return on $57,060 initial cash invested.

12.51%

Cash On Cash

10.92%

Cap Rate

1.7

DSCR

$2,604

Rent

$595

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,604 income − $2,009 expenses = $595 cash flow

Income$2,604Mortgage P&I$99438%Property Taxes$652%Insurance$663%Management$31212%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28611%Cash Flow$595

Investment Breakdown

|

Purchase Price

$186k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,060

Downpayment

20%

$37,200

Closing costs

1%

$1,860

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,604

Total Expenses

$2,009

Mortgage P&I

38%

$994

Property Taxes

3%

$65

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$312

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$286

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis