REI Lense

REI Lense

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$2,016 (target)

2548 Wicker Ave, Highland, IN 46322

3 beds • 2 baths • 2158 sqft

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This property looks like a bad Long-Term investment with a projected -10.39% first-year return on $71,736 initial cash invested.

-10.39%

Cash On Cash

4.18%

Cap Rate

0.7

DSCR

$2,016

Rent

-$621

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,016 income − $2,637 expenses = $621 out of pocket

Income$2,016Out of Pocket$621Mortgage P&I$1,71185%Property Taxes$27914%Insurance$1226%Management$20210%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,736

Downpayment

20%

$68,320

Closing costs

1%

$3,416

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,016

Total Expenses

$2,637

Mortgage P&I

85%

$1,711

Property Taxes

14%

$279

Home Insurance

6%

$122

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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