REI Lense

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$3,021 (target)

2953 Morallion Dr, West Lafayette, IN 47906

3 beds • 2 baths • 1659 sqft

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This property looks like a bad Mid-Term investment with a projected -0.72% first-year return on $90,177 initial cash invested.

-0.72%

Cash On Cash

6.46%

Cap Rate

1.04

DSCR

$3,021

Rent

-$54

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,021 income − $3,075 expenses = $54 out of pocket

Income$3,021Out of Pocket$54Mortgage P&I$1,78359%Property Taxes$1405%Insurance$1244%Management$36312%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33211%

Investment Breakdown

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Purchase Price

$344k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,177

Downpayment

20%

$68,740

Closing costs

1%

$3,437

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,021

Total Expenses

$3,075

Mortgage P&I

59%

$1,783

Property Taxes

5%

$140

Home Insurance

4%

$124

HOA

0%

$0

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$332

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