REI Lense

REI Lense

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$1,991 (target)

3090 Parkwood Dr, Richmond, IN 47374

3 beds • 3 baths • 4223 sqft

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This property looks like a bad Long-Term investment with a projected -26.81% first-year return on $132k initial cash invested.

-26.81%

Cash On Cash

0.66%

Cap Rate

0.11

DSCR

$1,991

Rent

-$2,956

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$630k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$126k

Closing costs

1%

$6,300

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,991

Total Expenses

$4,947

Mortgage P&I

161%

$3,205

Property Taxes

50%

$1,004

Home Insurance

11%

$220

HOA

0%

$0

Property Management

10%

$199

CapEx

5%

$100

Vacancy

6%

$119

Maintenance

5%

$100

Other

0%

$0

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