REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,776 (target)

3007 Queencastle Dr, Lafayette, IN 47909

3 beds • 2 baths • 1440 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.89% first-year return on $61,992 initial cash invested.

-9.89%

Cash On Cash

4.47%

Cap Rate

0.72

DSCR

$1,776

Rent

-$511

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,776 income − $2,287 expenses = $511 out of pocket

Income$1,776Out of Pocket$511Mortgage P&I$1,52186%Property Taxes$19811%Insurance$1056%Management$17810%CapEx$895%Vacancy$1076%Maintenance$895%

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,992

Downpayment

20%

$59,040

Closing costs

1%

$2,952

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,776

Total Expenses

$2,287

Mortgage P&I

86%

$1,521

Property Taxes

11%

$198

Home Insurance

6%

$105

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis