REI Lense

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$1,925 (target)

2620 Valley View Road SW, Corydon, IN 47112

3 beds • 2 baths • 1848 sqft

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This property looks like a bad Long-Term investment with a projected -1.85% first-year return on $52,668 initial cash invested.

-1.85%

Cash On Cash

6.55%

Cap Rate

1.01

DSCR

$1,925

Rent

-$81

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,925 income − $2,006 expenses = $81 out of pocket

Income$1,925Out of Pocket$81Mortgage P&I$1,35470%Property Taxes$814%Insurance$714%Management$19210%CapEx$965%Vacancy$1166%Maintenance$965%

Investment Breakdown

|

Purchase Price

$251k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,668

Downpayment

20%

$50,160

Closing costs

1%

$2,508

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,925

Total Expenses

$2,006

Mortgage P&I

70%

$1,354

Property Taxes

4%

$81

Home Insurance

4%

$71

HOA

0%

$0

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$116

Maintenance

5%

$96

Other

0%

$0

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