REI Lense

REI Lense

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$2,427 (target)

3130 Periwinkle Way, New Albany, IN 47150

3 beds • 3 baths • 2399 sqft

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This property looks like a bad Long-Term investment with a projected -9.97% first-year return on $81,522 initial cash invested.

-9.97%

Cash On Cash

4.28%

Cap Rate

0.71

DSCR

$2,427

Rent

-$677

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$388k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,522

Downpayment

20%

$77,640

Closing costs

1%

$3,882

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,427

Total Expenses

$3,104

Mortgage P&I

80%

$1,939

Property Taxes

12%

$295

Home Insurance

6%

$139

HOA

4%

$100

Property Management

10%

$243

CapEx

5%

$121

Vacancy

6%

$146

Maintenance

5%

$121

Other

0%

$0

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