REI Lense

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$2,278 (target)

415 N 2nd St, Decatur, IN 46733

3 beds • 2 baths • 2956 sqft

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This property might be a fair Mid-Term investment with a projected 0.07% first-year return on $72,222 initial cash invested.

0.07%

Cash On Cash

6.44%

Cap Rate

1.07

DSCR

$2,278

Rent

$4

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,278 income − $2,274 expenses = $4 cash flow

Income$2,278Mortgage P&I$1,29057%Property Taxes$1175%Insurance$934%Management$27312%CapEx$914%Vacancy$683%Maintenance$914%Other$25111%Cash Flow$4

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,222

Downpayment

20%

$51,640

Closing costs

1%

$2,582

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,278

Total Expenses

$2,274

Mortgage P&I

57%

$1,290

Property Taxes

5%

$117

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$273

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$251

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