REI Lense

REI Lense

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$1,839 (target)

23741 River Dr, Goshen, IN 46528

3 beds • 2 baths • 1497 sqft

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This property looks like a bad Long-Term investment with a projected -6.97% first-year return on $60,249 initial cash invested.

-6.97%

Cash On Cash

5.03%

Cap Rate

0.82

DSCR

$1,839

Rent

-$350

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,249

Downpayment

20%

$57,380

Closing costs

1%

$2,869

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,839

Total Expenses

$2,189

Mortgage P&I

79%

$1,461

Property Taxes

9%

$170

Home Insurance

4%

$72

HOA

0%

$8

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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