REI Lense

REI Lense

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$771 (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 Long-Term investment with a projected -24.22% first-year return on $69,909 initial cash invested.

-24.22%

Cash On Cash

0.93%

Cap Rate

0.16

DSCR

$771

Rent

-$1,411

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

$69,909

Downpayment

20%

$66,580

Closing costs

1%

$3,329

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$771

Total Expenses

$2,182

Mortgage P&I

211%

$1,629

Property Taxes

31%

$236

Home Insurance

15%

$116

HOA

0%

$0

Property Management

10%

$77

CapEx

5%

$39

Vacancy

6%

$46

Maintenance

5%

$39

Other

0%

$0

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