REI Lense

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$1,739 (target)

29970 County Road 24, Elkhart, IN 46517

3 beds • 3 baths • 1875 sqft

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This property looks like a bad Long-Term investment with a projected -12.95% first-year return on $73,500 initial cash invested.

-12.95%

Cash On Cash

3.65%

Cap Rate

0.6

DSCR

$1,739

Rent

-$793

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,739 income − $2,532 expenses = $793 out of pocket

Income$1,739Out of Pocket$793Mortgage P&I$1,771102%Property Taxes$18711%Insurance$1227%Management$17410%CapEx$875%Vacancy$1046%Maintenance$875%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,739

Total Expenses

$2,532

Mortgage P&I

102%

$1,771

Property Taxes

11%

$187

Home Insurance

7%

$122

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

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