REI Lense

REI Lense

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$1,825 (target)

340 N California St, Hobart, IN 46342

3 beds • 2 baths • 1260 sqft

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This property looks like a bad Long-Term investment with a projected -4.92% first-year return on $54,117 initial cash invested.

-4.92%

Cash On Cash

5.39%

Cap Rate

0.9

DSCR

$1,825

Rent

-$222

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,825 income − $2,047 expenses = $222 out of pocket

Income$1,825Out of Pocket$222Mortgage P&I$1,28871%Property Taxes$19411%Insurance$915%Management$18210%CapEx$915%Vacancy$1106%Maintenance$915%

Investment Breakdown

|

Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,117

Downpayment

20%

$51,540

Closing costs

1%

$2,577

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,825

Total Expenses

$2,047

Mortgage P&I

71%

$1,288

Property Taxes

11%

$194

Home Insurance

5%

$91

HOA

0%

$0

Property Management

10%

$182

CapEx

5%

$91

Vacancy

6%

$110

Maintenance

5%

$91

Other

0%

$0

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