REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,471 (target)

5301 Delaware St, Merrillville, IN 46410

3 beds • 3 baths • 2165 sqft

Email

This property could be a profitable Mid-Term investment with a projected 10.72% first-year return on $76,800 initial cash invested.

10.72%

Cash On Cash

9.38%

Cap Rate

1.61

DSCR

$3,471

Rent

$686

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,471 income − $2,785 expenses = $686 cash flow

Income$3,471Mortgage P&I$1,36339%Property Taxes$1434%Insurance$983%Management$41712%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38211%Cash Flow$686

Investment Breakdown

|

Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,800

Downpayment

20%

$56,000

Closing costs

1%

$2,800

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,471

Total Expenses

$2,785

Mortgage P&I

39%

$1,363

Property Taxes

4%

$143

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$417

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$382

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis