REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,000 (target)

2523 Glenwood Court, New Albany, IN 47150

3 beds • 2 baths • 1737 sqft

Email

This property might be a fair Mid-Term investment with a projected 4.25% first-year return on $78,291 initial cash invested.

4.25%

Cash On Cash

8.01%

Cap Rate

1.26

DSCR

$3,000

Rent

$277

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,000 income − $2,723 expenses = $277 cash flow

Income$3,000Mortgage P&I$1,52051%Property Taxes$1114%Insurance$722%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%Cash Flow$277

Investment Breakdown

|

Purchase Price

$287k

Downpayment

20.0%

Interest Rate

7.0%

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

$3,000

Total Expenses

$2,723

Mortgage P&I

51%

$1,520

Property Taxes

4%

$111

Home Insurance

2%

$72

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis