REI Lense

REI Lense

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$2,257 (target)

3114 Heritage Heights Way, Jeffersonville, IN 47130

3 beds • 3 baths • 2661 sqft

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This property looks like a bad Long-Term investment with a projected -10.08% first-year return on $77,490 initial cash invested.

-10.08%

Cash On Cash

4.25%

Cap Rate

0.71

DSCR

$2,257

Rent

-$651

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,257 income − $2,908 expenses = $651 out of pocket

Income$2,257Out of Pocket$651Mortgage P&I$1,84582%Property Taxes$29713%Insurance$1296%HOA$502%Management$22610%CapEx$1135%Vacancy$1356%Maintenance$1135%

Investment Breakdown

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Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,490

Downpayment

20%

$73,800

Closing costs

1%

$3,690

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,257

Total Expenses

$2,908

Mortgage P&I

82%

$1,845

Property Taxes

13%

$297

Home Insurance

6%

$129

HOA

2%

$50

Property Management

10%

$226

CapEx

5%

$113

Vacancy

6%

$135

Maintenance

5%

$113

Other

0%

$0

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