REI Lense

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$1,156 (target)

3662 W Mount Zion Road, Salem, IN 47167

3 beds • 2 baths • 1568 sqft

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This property looks like a bad Mid-Term investment with a projected -16.63% first-year return on $87,909 initial cash invested.

-16.63%

Cash On Cash

1.65%

Cap Rate

0.28

DSCR

$1,156

Rent

-$1,218

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$333k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,909

Downpayment

20%

$66,580

Closing costs

1%

$3,329

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,156

Total Expenses

$2,374

Mortgage P&I

141%

$1,629

Property Taxes

20%

$236

Home Insurance

10%

$116

HOA

0%

$0

Property Management

12%

$139

CapEx

4%

$46

Vacancy

3%

$35

Maintenance

4%

$46

Other

11%

$127

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