REI Lense

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$1,999 (target)

3815 Bent Oak Trl, Elkhart, IN 46517

3 beds • 2 baths • 2768 sqft

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This property looks like a bad Long-Term investment with a projected -9.23% first-year return on $68,229 initial cash invested.

-9.23%

Cash On Cash

4.62%

Cap Rate

0.75

DSCR

$1,999

Rent

-$525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,999 income − $2,524 expenses = $525 out of pocket

Income$1,999Out of Pocket$525Mortgage P&I$1,67784%Property Taxes$20510%Insurance$1146%HOA$8Management$20010%CapEx$1005%Vacancy$1206%Maintenance$1005%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,999

Total Expenses

$2,524

Mortgage P&I

84%

$1,677

Property Taxes

10%

$205

Home Insurance

6%

$114

HOA

0%

$8

Property Management

10%

$200

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

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