REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,400 (target)

390 W Harrison St, Martinsville, IN 46151

3 beds • 2 baths • 1104 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.58% first-year return on $49,350 initial cash invested.

-9.58%

Cash On Cash

4.79%

Cap Rate

0.74

DSCR

$1,400

Rent

-$394

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,400 income − $1,794 expenses = $394 out of pocket

Income$1,400Out of Pocket$394Mortgage P&I$1,26290%Property Taxes$866%Insurance$826%Management$14010%CapEx$705%Vacancy$846%Maintenance$705%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,400

Total Expenses

$1,794

Mortgage P&I

90%

$1,262

Property Taxes

6%

$86

Home Insurance

6%

$82

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis