REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2617 Erskine Blvd, South Bend, IN 46614

3 beds • 2 baths • 1760 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.99% first-year return on $66,720 initial cash invested.

3.99%

Cash On Cash

8.09%

Cap Rate

1.26

DSCR

$2,580

Rent

$222

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$232k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,720

Downpayment

20%

$46,400

Closing costs

1%

$2,320

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,580

Total Expenses

$2,358

Mortgage P&I

48%

$1,239

Property Taxes

6%

$158

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$310

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$284

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis