REI Lense

REI Lense

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$1,676 (target)

2620 NW A St, Richmond, IN 47374

3 beds • 2 baths • 1176 sqft

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This property looks like a bad Mid-Term investment with a projected -1.36% first-year return on $56,367 initial cash invested.

-1.36%

Cash On Cash

6.48%

Cap Rate

1

DSCR

$1,676

Rent

-$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$183k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,367

Downpayment

20%

$36,540

Closing costs

1%

$1,827

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,676

Total Expenses

$1,740

Mortgage P&I

59%

$983

Property Taxes

7%

$122

Home Insurance

4%

$66

HOA

0%

$0

Property Management

12%

$201

CapEx

4%

$67

Vacancy

3%

$50

Maintenance

4%

$67

Other

11%

$184

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