REI Lense

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$3,912 (target)

30949 Villa Dr, Granger, IN 46530

3 beds • 3 baths • 2134 sqft

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This property looks like a bad Mid-Term investment with a projected -7.45% first-year return on $137k initial cash invested.

-7.45%

Cash On Cash

4.64%

Cap Rate

0.76

DSCR

$3,912

Rent

-$848

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,912 income − $4,760 expenses = $848 out of pocket

Income$3,912Out of Pocket$848Mortgage P&I$2,87573%Property Taxes$3599%Insurance$1985%Management$46912%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$43011%

Investment Breakdown

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Purchase Price

$565k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$113k

Closing costs

1%

$5,650

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,912

Total Expenses

$4,760

Mortgage P&I

73%

$2,875

Property Taxes

9%

$359

Home Insurance

5%

$198

HOA

0%

$0

Property Management

12%

$469

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$430

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