REI Lense

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$2,398 (target)

2616 Vi Post Rd, Richmond, IN 47374

3 beds • 2 baths • 2305 sqft

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This property looks like a bad Mid-Term investment with a projected -14.85% first-year return on $134k initial cash invested.

-14.85%

Cash On Cash

2.81%

Cap Rate

0.45

DSCR

$2,398

Rent

-$1,652

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,398 income − $4,050 expenses = $1,652 out of pocket

Income$2,398Out of Pocket$1,652Mortgage P&I$2,845119%Property Taxes$1978%Insurance$1928%Management$28812%CapEx$964%Vacancy$723%Maintenance$964%Other$26411%

Investment Breakdown

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Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$110k

Closing costs

1%

$5,500

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,398

Total Expenses

$4,050

Mortgage P&I

119%

$2,845

Property Taxes

8%

$197

Home Insurance

8%

$192

HOA

0%

$0

Property Management

12%

$288

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$264

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