REI Lense

REI Lense

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$3,268 (target)

303 Ironwood St NW, Demotte, IN 46310

3 beds • 2 baths • 1405 sqft

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This property might be a fair Mid-Term investment with a projected 5.02% first-year return on $84,339 initial cash invested.

5.02%

Cash On Cash

7.88%

Cap Rate

1.3

DSCR

$3,268

Rent

$353

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$316k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,339

Downpayment

20%

$63,180

Closing costs

1%

$3,159

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,268

Total Expenses

$2,915

Mortgage P&I

49%

$1,590

Property Taxes

3%

$102

Home Insurance

3%

$112

HOA

0%

$0

Property Management

12%

$392

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$359

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