REI Lense

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$1,988 (target)

2722 E 450 N, Marion, IN 46952

3 beds • 2 baths • 1588 sqft

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This property looks like a bad Mid-Term investment with a projected -7.27% first-year return on $84,150 initial cash invested.

-7.27%

Cash On Cash

4.54%

Cap Rate

0.74

DSCR

$1,988

Rent

-$510

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,988 income − $2,498 expenses = $510 out of pocket

Income$1,988Out of Pocket$510Mortgage P&I$1,62382%Property Taxes$874%Insurance$1106%Management$23912%CapEx$804%Vacancy$603%Maintenance$804%Other$21911%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,988

Total Expenses

$2,498

Mortgage P&I

82%

$1,623

Property Taxes

4%

$87

Home Insurance

6%

$110

HOA

0%

$0

Property Management

12%

$239

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$219

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