REI Lense

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$4,316 (target)

3809 Saint Andrews Pl, Elkhart, IN 46517

3 beds • 4 baths • 3380 sqft

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This property might be a fair Mid-Term investment with a projected 2.88% first-year return on $105k initial cash invested.

2.88%

Cash On Cash

7.33%

Cap Rate

1.2

DSCR

$4,316

Rent

$252

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,316 income − $4,064 expenses = $252 cash flow

Income$4,316Mortgage P&I$2,10249%Property Taxes$3398%Insurance$1473%HOA$8Management$51812%CapEx$1734%Vacancy$1293%Maintenance$1734%Other$47511%Cash Flow$252

Investment Breakdown

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Purchase Price

$414k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,780

Closing costs

1%

$4,139

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,316

Total Expenses

$4,064

Mortgage P&I

49%

$2,102

Property Taxes

8%

$339

Home Insurance

3%

$147

HOA

0%

$8

Property Management

12%

$518

CapEx

4%

$173

Vacancy

3%

$129

Maintenance

4%

$173

Other

11%

$475

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