REI Lense

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$2,354 (target)

515 Lakeview Ct, Lowell, IN 46356

3 beds • 3 baths • 2048 sqft

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This property looks like a bad Long-Term investment with a projected -11.02% first-year return on $87,549 initial cash invested.

-11.02%

Cash On Cash

4.17%

Cap Rate

0.68

DSCR

$2,354

Rent

-$804

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,354 income − $3,158 expenses = $804 out of pocket

Income$2,354Out of Pocket$804Mortgage P&I$2,13591%Property Taxes$28612%Insurance$1044%HOA$211%Management$23510%CapEx$1185%Vacancy$1416%Maintenance$1185%

Investment Breakdown

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Purchase Price

$417k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,549

Downpayment

20%

$83,380

Closing costs

1%

$4,169

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,354

Total Expenses

$3,158

Mortgage P&I

91%

$2,135

Property Taxes

12%

$286

Home Insurance

4%

$104

HOA

1%

$21

Property Management

10%

$235

CapEx

5%

$118

Vacancy

6%

$141

Maintenance

5%

$118

Other

0%

$0

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