REI Lense

REI Lense

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$1,130 (target)

3021 Columbus Ave, Anderson, IN 46016

3 beds • 2 baths • 1432 sqft

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This property looks like a bad Long-Term investment with a projected -8.35% first-year return on $37,779 initial cash invested.

-8.35%

Cash On Cash

5.04%

Cap Rate

0.79

DSCR

$1,130

Rent

-$263

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,130

Total Expenses

$1,393

Mortgage P&I

85%

$963

Property Taxes

7%

$74

Home Insurance

6%

$63

HOA

0%

$0

Property Management

10%

$113

CapEx

5%

$56

Vacancy

6%

$68

Maintenance

5%

$56

Other

0%

$0

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