REI Lense

REI Lense

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$2,169 (target)

4509 W Jackson St, Muncie, IN 47304

3 beds • 4 baths • 3298 sqft

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This property looks like a bad Long-Term investment with a projected -18.2% first-year return on $131k initial cash invested.

-18.2%

Cash On Cash

2.49%

Cap Rate

0.41

DSCR

$2,169

Rent

-$1,990

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$625k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$125k

Closing costs

1%

$6,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,169

Total Expenses

$4,159

Mortgage P&I

147%

$3,179

Property Taxes

9%

$198

Home Insurance

10%

$219

HOA

0%

$0

Property Management

10%

$217

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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