REI Lense

REI Lense

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$2,124 (target)

3922 Wheat Avenue, Jeffersonville, IN 47130

3 beds • 3 baths • 2062 sqft

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This property looks like a bad Long-Term investment with a projected -2.7% first-year return on $58,233 initial cash invested.

-2.7%

Cash On Cash

5.77%

Cap Rate

0.98

DSCR

$2,124

Rent

-$131

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$277k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,233

Downpayment

20%

$55,460

Closing costs

1%

$2,773

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,124

Total Expenses

$2,255

Mortgage P&I

64%

$1,358

Property Taxes

10%

$216

Home Insurance

5%

$98

HOA

2%

$32

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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