REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,037 (target)

2851 Fey Lane NW, Corydon, IN 47112

3 beds • 2 baths • 2116 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.4% first-year return on $67,893 initial cash invested.

-6.4%

Cash On Cash

5.07%

Cap Rate

0.84

DSCR

$2,037

Rent

-$362

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,037 income − $2,399 expenses = $362 out of pocket

Income$2,037Out of Pocket$362Mortgage P&I$1,62580%Property Taxes$1276%Insurance$1176%Management$20410%CapEx$1025%Vacancy$1226%Maintenance$1025%

Investment Breakdown

|

Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,893

Downpayment

20%

$64,660

Closing costs

1%

$3,233

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,037

Total Expenses

$2,399

Mortgage P&I

80%

$1,625

Property Taxes

6%

$127

Home Insurance

6%

$117

HOA

0%

$0

Property Management

10%

$204

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis