REI Lense

REI Lense

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$3,126 (target)

31 Fairlane Dr, Warsaw, IN 46580

3 beds • 3 baths • 2312 sqft

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This property looks like a bad Mid-Term investment with a projected -14.5% first-year return on $169k initial cash invested.

-14.5%

Cash On Cash

2.62%

Cap Rate

0.45

DSCR

$3,126

Rent

-$2,040

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$718k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$169k

Downpayment

20%

$144k

Closing costs

1%

$7,180

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,126

Total Expenses

$5,166

Mortgage P&I

111%

$3,483

Property Taxes

11%

$358

Home Insurance

8%

$262

HOA

0%

$0

Property Management

12%

$375

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$344

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