REI Lense

REI Lense

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$3,254 (target)

4509 W Jackson St, Muncie, IN 47304

3 beds • 4 baths • 3298 sqft

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This property looks like a bad Mid-Term investment with a projected -11.64% first-year return on $149k initial cash invested.

-11.64%

Cash On Cash

3.57%

Cap Rate

0.59

DSCR

$3,254

Rent

-$1,448

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

$149k

Downpayment

20%

$125k

Closing costs

1%

$6,249

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,254

Total Expenses

$4,702

Mortgage P&I

98%

$3,179

Property Taxes

6%

$198

Home Insurance

7%

$219

HOA

0%

$0

Property Management

12%

$390

CapEx

4%

$130

Vacancy

3%

$98

Maintenance

4%

$130

Other

11%

$358

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