REI Lense

REI Lense

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$2,924 (target)

4078 W Fairview Rd, Greenwood, IN 46142

3 beds • 2 baths • 1545 sqft

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This property might be a fair Mid-Term investment with a projected 0.99% first-year return on $89,715 initial cash invested.

0.99%

Cash On Cash

6.44%

Cap Rate

1.12

DSCR

$2,924

Rent

$74

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,715

Downpayment

20%

$68,300

Closing costs

1%

$3,415

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,924

Total Expenses

$2,850

Mortgage P&I

56%

$1,643

Property Taxes

3%

$90

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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