REI Lense

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$2,492 (target)

506 Old Creek Lane, Jeffersonville, IN 47130

3 beds • 2 baths • 1216 sqft

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This property might be a fair Mid-Term investment with a projected 0.38% first-year return on $73,209 initial cash invested.

0.38%

Cash On Cash

6.55%

Cap Rate

1.09

DSCR

$2,492

Rent

$23

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,492 income − $2,469 expenses = $23 cash flow

Income$2,492Mortgage P&I$1,31253%Property Taxes$2179%Insurance$924%Management$29912%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27411%Cash Flow$23

Investment Breakdown

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Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,209

Downpayment

20%

$52,580

Closing costs

1%

$2,629

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,492

Total Expenses

$2,469

Mortgage P&I

53%

$1,312

Property Taxes

9%

$217

Home Insurance

4%

$92

HOA

0%

$0

Property Management

12%

$299

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$274

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