REI Lense

REI Lense

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$2,290 (target)

508 Grasmere Drive, Clarksville, IN 47129

3 beds • 3 baths • 2536 sqft

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This property looks like a bad Long-Term investment with a projected -1.09% first-year return on $61,467 initial cash invested.

-1.09%

Cash On Cash

6.43%

Cap Rate

1.04

DSCR

$2,290

Rent

-$56

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,290 income − $2,346 expenses = $56 out of pocket

Income$2,290Out of Pocket$56Mortgage P&I$1,51166%Property Taxes$1366%Insurance$1055%Management$22910%CapEx$1145%Vacancy$1376%Maintenance$1145%

Investment Breakdown

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Purchase Price

$293k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,467

Downpayment

20%

$58,540

Closing costs

1%

$2,927

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,290

Total Expenses

$2,346

Mortgage P&I

66%

$1,511

Property Taxes

6%

$136

Home Insurance

5%

$105

HOA

0%

$0

Property Management

10%

$229

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

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