REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2945 Orchard Dr, Hammond, IN 46323

3 beds • 2 baths • 2994 sqft

Email

This property looks like a bad Airbnb investment with a projected -3.24% first-year return on $60,000 initial cash invested.

-3.24%

Cash On Cash

5.9%

Cap Rate

0.94

DSCR

$2,387

Rent

-$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,000

Downpayment

20%

$40,000

Closing costs

1%

$2,000

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,387

Total Expenses

$2,549

Mortgage P&I

44%

$1,051

Property Taxes

12%

$283

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$358

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$597

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis