REI Lense

REI Lense

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$2,531 (target)

3276 N 525 W, La Porte, IN 46350

3 beds • 2 baths • 1768 sqft

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This property might be a fair Long-Term investment with a projected 0.43% first-year return on $66,465 initial cash invested.

0.43%

Cash On Cash

6.55%

Cap Rate

1.1

DSCR

$2,531

Rent

$24

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,531 income − $2,507 expenses = $24 cash flow

Income$2,531Mortgage P&I$1,57662%Property Taxes$1566%Insurance$1165%Management$25310%CapEx$1275%Vacancy$1526%Maintenance$1275%Cash Flow$24

Investment Breakdown

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Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,465

Downpayment

20%

$63,300

Closing costs

1%

$3,165

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,531

Total Expenses

$2,507

Mortgage P&I

62%

$1,576

Property Taxes

6%

$156

Home Insurance

5%

$116

HOA

0%

$0

Property Management

10%

$253

CapEx

5%

$127

Vacancy

6%

$152

Maintenance

5%

$127

Other

0%

$0

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