REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,208 (target)

3300 Maple Ln, Newburgh, IN 47630

3 beds • 2 baths • 2600 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.31% first-year return on $68,229 initial cash invested.

-6.31%

Cash On Cash

5.15%

Cap Rate

0.85

DSCR

$2,208

Rent

-$359

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,208 income − $2,567 expenses = $359 out of pocket

Income$2,208Out of Pocket$359Mortgage P&I$1,64474%Property Taxes$23611%Insurance$1145%Management$22110%CapEx$1105%Vacancy$1326%Maintenance$1105%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,208

Total Expenses

$2,567

Mortgage P&I

74%

$1,644

Property Taxes

11%

$236

Home Insurance

5%

$114

HOA

0%

$0

Property Management

10%

$221

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis