REI Lense

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$3,093 (target)

2910 Greenleaf Blvd, Elkhart, IN 46514

3 beds • 2 baths • 2616 sqft

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This property might be a fair Mid-Term investment with a projected 1.43% first-year return on $85,347 initial cash invested.

1.43%

Cash On Cash

6.78%

Cap Rate

1.14

DSCR

$3,093

Rent

$102

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,347

Downpayment

20%

$64,140

Closing costs

1%

$3,207

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,093

Total Expenses

$2,991

Mortgage P&I

51%

$1,585

Property Taxes

8%

$238

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$371

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$340

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