REI Lense

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$2,445 (target)

3001 N Erwin Rd, West Lafayette, IN 47906

3 beds • 2 baths • 1772 sqft

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This property might be a fair Mid-Term investment with a projected 0.03% first-year return on $70,500 initial cash invested.

0.03%

Cash On Cash

6.84%

Cap Rate

1.08

DSCR

$2,445

Rent

$2

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,445 income − $2,443 expenses = $2 cash flow

Income$2,445Mortgage P&I$1,32654%Property Taxes$1988%Insurance$884%Management$29312%CapEx$984%Vacancy$733%Maintenance$984%Other$26911%Cash Flow$2

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,445

Total Expenses

$2,443

Mortgage P&I

54%

$1,326

Property Taxes

8%

$198

Home Insurance

4%

$88

HOA

0%

$0

Property Management

12%

$293

CapEx

4%

$98

Vacancy

3%

$73

Maintenance

4%

$98

Other

11%

$269

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