REI Lense

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$1,667 (target)

416 N West St, Angola, IN 46703

3 beds • 2 baths • 1724 sqft

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This property might be a fair Long-Term investment with a projected 5.56% first-year return on $37,149 initial cash invested.

5.56%

Cash On Cash

8.15%

Cap Rate

1.27

DSCR

$1,667

Rent

$172

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,667 income − $1,495 expenses = $172 cash flow

Income$1,667Mortgage P&I$94757%Property Taxes$594%Insurance$563%Management$16710%CapEx$835%Vacancy$1006%Maintenance$835%Cash Flow$172

Investment Breakdown

|

Purchase Price

$177k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,149

Downpayment

20%

$35,380

Closing costs

1%

$1,769

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,667

Total Expenses

$1,495

Mortgage P&I

57%

$947

Property Taxes

4%

$59

Home Insurance

3%

$56

HOA

0%

$0

Property Management

10%

$167

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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