REI Lense

REI Lense

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$2,510 (target)

3630 Arbor Creek Dr, Newburgh, IN 47630

3 beds • 3 baths • 2230 sqft

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This property looks like a bad Long-Term investment with a projected -7.25% first-year return on $77,091 initial cash invested.

-7.25%

Cash On Cash

4.9%

Cap Rate

0.82

DSCR

$2,510

Rent

-$466

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,510 income − $2,976 expenses = $466 out of pocket

Income$2,510Out of Pocket$466Mortgage P&I$1,83973%Property Taxes$35014%Insurance$1335%Management$25110%CapEx$1265%Vacancy$1516%Maintenance$1265%

Investment Breakdown

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Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,091

Downpayment

20%

$73,420

Closing costs

1%

$3,671

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,510

Total Expenses

$2,976

Mortgage P&I

73%

$1,839

Property Taxes

14%

$350

Home Insurance

5%

$133

HOA

0%

$0

Property Management

10%

$251

CapEx

5%

$126

Vacancy

6%

$151

Maintenance

5%

$126

Other

0%

$0

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