REI Lense

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$2,250 (target)

2352 S 400 W, Warsaw, IN 46580

3 beds • 2 baths • 960 sqft

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This property looks like a bad Mid-Term investment with a projected -0.33% first-year return on $71,760 initial cash invested.

-0.33%

Cash On Cash

6.52%

Cap Rate

1.05

DSCR

$2,250

Rent

-$20

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,250 income − $2,270 expenses = $20 out of pocket

Income$2,250Out of Pocket$20Mortgage P&I$1,32159%Property Taxes$924%Insurance$914%Management$27012%CapEx$904%Vacancy$683%Maintenance$904%Other$24811%

Investment Breakdown

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Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,760

Downpayment

20%

$51,200

Closing costs

1%

$2,560

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,250

Total Expenses

$2,270

Mortgage P&I

59%

$1,321

Property Taxes

4%

$92

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$270

CapEx

4%

$90

Vacancy

3%

$68

Maintenance

4%

$90

Other

11%

$248

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