REI Lense

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$3,453 (target)

378 Buchanan Dr, West Lafayette, IN 47906

3 beds • 2 baths • 1974 sqft

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This property might be a fair Mid-Term investment with a projected 0.42% first-year return on $98,829 initial cash invested.

0.42%

Cash On Cash

6.53%

Cap Rate

1.09

DSCR

$3,453

Rent

$35

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,829

Downpayment

20%

$76,980

Closing costs

1%

$3,849

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,453

Total Expenses

$3,418

Mortgage P&I

56%

$1,923

Property Taxes

4%

$149

Home Insurance

4%

$135

HOA

1%

$37

Property Management

12%

$414

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$380

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