REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,650 (target)

2956 Joann St, Portage, IN 46368

3 beds • 2 baths • 2184 sqft

Email

This property might be a fair Mid-Term investment with a projected 9.39% first-year return on $75,918 initial cash invested.

9.39%

Cash On Cash

9.33%

Cap Rate

1.53

DSCR

$3,650

Rent

$594

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,650 income − $3,056 expenses = $594 cash flow

Income$3,650Mortgage P&I$1,40438%Property Taxes$3129%Insurance$983%Management$43812%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40211%Cash Flow$594

Investment Breakdown

|

Purchase Price

$276k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,918

Downpayment

20%

$55,160

Closing costs

1%

$2,758

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,650

Total Expenses

$3,056

Mortgage P&I

38%

$1,404

Property Taxes

9%

$312

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$438

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$402

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis