REI Lense

REI Lense

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$1,525 (target)

475 S Bata Road, Salem, IN 47167

3 beds • 2 baths • 1232 sqft

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This property looks like a bad Long-Term investment with a projected -9.01% first-year return on $54,600 initial cash invested.

-9.01%

Cash On Cash

4.65%

Cap Rate

0.75

DSCR

$1,525

Rent

-$410

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,525 income − $1,935 expenses = $410 out of pocket

Income$1,525Out of Pocket$410Mortgage P&I$1,34288%Property Taxes$1067%Insurance$916%Management$15210%CapEx$765%Vacancy$926%Maintenance$765%

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,525

Total Expenses

$1,935

Mortgage P&I

88%

$1,342

Property Taxes

7%

$106

Home Insurance

6%

$91

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$92

Maintenance

5%

$76

Other

0%

$0

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