REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,844 (target)

507 Spicewood Drive, Clarksville, IN 47129

3 beds • 2 baths • 2201 sqft

Email

This property might be a fair Mid-Term investment with a projected 5.14% first-year return on $72,159 initial cash invested.

5.14%

Cash On Cash

7.97%

Cap Rate

1.33

DSCR

$2,844

Rent

$309

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,844 income − $2,535 expenses = $309 cash flow

Income$2,844Mortgage P&I$1,28945%Property Taxes$1897%Insurance$903%Management$34112%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%Cash Flow$309

Investment Breakdown

|

Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,159

Downpayment

20%

$51,580

Closing costs

1%

$2,579

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,844

Total Expenses

$2,535

Mortgage P&I

45%

$1,289

Property Taxes

7%

$189

Home Insurance

3%

$90

HOA

0%

$0

Property Management

12%

$341

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis