REI Lense

REI Lense

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$2,792 (target)

3207 Dorothy Ln, Richmond, IN 47374

3 beds • 2 baths • 1796 sqft

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This property might be a fair Mid-Term investment with a projected 4.93% first-year return on $72,579 initial cash invested.

4.93%

Cash On Cash

7.82%

Cap Rate

1.32

DSCR

$2,792

Rent

$298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,792

Total Expenses

$2,494

Mortgage P&I

46%

$1,284

Property Taxes

6%

$169

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$335

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$307

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