REI Lense

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$2,333 (target)

3799 Countryside Dr, Portage, IN 46368

3 beds • 2 baths • 1469 sqft

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This property might be a fair Long-Term investment with a projected 0.27% first-year return on $58,857 initial cash invested.

0.27%

Cash On Cash

6.91%

Cap Rate

1.09

DSCR

$2,333

Rent

$13

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,333 income − $2,320 expenses = $13 cash flow

Income$2,333Mortgage P&I$1,48464%Property Taxes$1Insurance$984%HOA$1306%Management$23310%CapEx$1175%Vacancy$1406%Maintenance$1175%Cash Flow$13

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,857

Downpayment

20%

$56,054

Closing costs

1%

$2,803

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,333

Total Expenses

$2,320

Mortgage P&I

64%

$1,484

Property Taxes

0%

$1

Home Insurance

4%

$98

HOA

6%

$130

Property Management

10%

$233

CapEx

5%

$117

Vacancy

6%

$140

Maintenance

5%

$117

Other

0%

$0

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