REI Lense

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$2,836 (target)

3717 Mary Clare Dr, Aurora, IN 47001

3 beds • 2 baths • 2860 sqft

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This property looks like a bad Mid-Term investment with a projected -4.75% first-year return on $96,750 initial cash invested.

-4.75%

Cash On Cash

5.42%

Cap Rate

0.86

DSCR

$2,836

Rent

-$383

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,836 income − $3,219 expenses = $383 out of pocket

Income$2,836Out of Pocket$383Mortgage P&I$1,96569%Property Taxes$1606%Insurance$1315%Management$34012%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31211%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,836

Total Expenses

$3,219

Mortgage P&I

69%

$1,965

Property Taxes

6%

$160

Home Insurance

5%

$131

HOA

0%

$0

Property Management

12%

$340

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$312

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