REI Lense

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$2,313 (target)

2766 Libbert Rd, Newburgh, IN 47630

3 beds • 3 baths • 1892 sqft

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This property looks like a bad Long-Term investment with a projected -1.86% first-year return on $64,533 initial cash invested.

-1.86%

Cash On Cash

6.05%

Cap Rate

1.01

DSCR

$2,313

Rent

-$100

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,313 income − $2,413 expenses = $100 out of pocket

Income$2,313Out of Pocket$100Mortgage P&I$1,53466%Property Taxes$1677%Insurance$1105%Management$23110%CapEx$1165%Vacancy$1396%Maintenance$1165%

Investment Breakdown

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Purchase Price

$307k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,533

Downpayment

20%

$61,460

Closing costs

1%

$3,073

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,313

Total Expenses

$2,413

Mortgage P&I

66%

$1,534

Property Taxes

7%

$167

Home Insurance

5%

$110

HOA

0%

$0

Property Management

10%

$231

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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