REI Lense

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$2,246 (target)

50 Furnish Court, Scottsburg, IN 47170

3 beds • 2 baths • 1167 sqft

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This property might be a fair Mid-Term investment with a projected 4.94% first-year return on $59,979 initial cash invested.

4.94%

Cash On Cash

8.45%

Cap Rate

1.31

DSCR

$2,246

Rent

$247

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,246 income − $1,999 expenses = $247 cash flow

Income$2,246Mortgage P&I$1,07048%Property Taxes$954%Insurance$703%Management$27012%CapEx$904%Vacancy$673%Maintenance$904%Other$24711%Cash Flow$247

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,246

Total Expenses

$1,999

Mortgage P&I

48%

$1,070

Property Taxes

4%

$95

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$270

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$247

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