REI Lense

REI Lense

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$2,018 (target)

3818 Test Rd, Richmond, IN 47374

3 beds • 2 baths • 1666 sqft

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This property looks like a bad Long-Term investment with a projected -15.07% first-year return on $90,300 initial cash invested.

-15.07%

Cash On Cash

3.12%

Cap Rate

0.52

DSCR

$2,018

Rent

-$1,134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,018 income − $3,152 expenses = $1,134 out of pocket

Income$2,018Out of Pocket$1,134Mortgage P&I$2,150107%Property Taxes$32716%Insurance$1507%Management$20210%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

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Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,300

Downpayment

20%

$86,000

Closing costs

1%

$4,300

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,018

Total Expenses

$3,152

Mortgage P&I

107%

$2,150

Property Taxes

16%

$327

Home Insurance

7%

$150

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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