REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,240 (target)

265 Harrison St, Gary, IN 46402

3 beds • 2 baths • 989 sqft

Email

This property could be a profitable Mid-Term investment with a projected 52.02% first-year return on $27,450 initial cash invested.

52.02%

Cash On Cash

40.21%

Cap Rate

6.61

DSCR

$2,240

Rent

$1,190

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,240 income − $1,050 expenses = $1,190 cash flow

Income$2,240Mortgage P&I$22810%Property Taxes$442%Insurance$161%Management$26912%CapEx$904%Vacancy$673%Maintenance$904%Other$24611%Cash Flow$1,190

Investment Breakdown

|

Purchase Price

$45,000

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,450

Downpayment

20%

$9,000

Closing costs

1%

$450

Rehab

0%

$0

Furnishing

40%

$18,000

Cashflow

Total Income

$2,240

Total Expenses

$1,050

Mortgage P&I

10%

$228

Property Taxes

2%

$44

Home Insurance

1%

$16

HOA

0%

$0

Property Management

12%

$269

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$246

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis