REI Lense

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$2,802 (target)

2487 Matchlock Ct, West Lafayette, IN 47906

3 beds • 2 baths • 1413 sqft

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This property might be a fair Mid-Term investment with a projected 1.41% first-year return on $78,291 initial cash invested.

1.41%

Cash On Cash

7.03%

Cap Rate

1.14

DSCR

$2,802

Rent

$92

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,802 income − $2,710 expenses = $92 cash flow

Income$2,802Mortgage P&I$1,47953%Property Taxes$1686%Insurance$1034%HOA$8Management$33612%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30811%Cash Flow$92

Investment Breakdown

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Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,291

Downpayment

20%

$57,420

Closing costs

1%

$2,871

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,802

Total Expenses

$2,710

Mortgage P&I

53%

$1,479

Property Taxes

6%

$168

Home Insurance

4%

$103

HOA

0%

$8

Property Management

12%

$336

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$308

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