REI Lense

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$1,769 (target)

4699 E Sunnyslope Dr, Martinsville, IN 46151

3 beds • 2 baths • 1536 sqft

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This property looks like a bad Long-Term investment with a projected -3.43% first-year return on $56,742 initial cash invested.

-3.43%

Cash On Cash

5.49%

Cap Rate

0.94

DSCR

$1,769

Rent

-$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,769 income − $1,931 expenses = $162 out of pocket

Income$1,769Out of Pocket$162Mortgage P&I$1,31074%Property Taxes$644%Insurance$986%Management$17710%CapEx$885%Vacancy$1066%Maintenance$885%

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,742

Downpayment

20%

$54,040

Closing costs

1%

$2,702

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,769

Total Expenses

$1,931

Mortgage P&I

74%

$1,310

Property Taxes

4%

$64

Home Insurance

6%

$98

HOA

0%

$0

Property Management

10%

$177

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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