REI Lense

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$2,620 (target)

535 Twin Lakes Ave, Monticello, IN 47960

3 beds • 2 baths • 1260 sqft

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This property might be a fair Mid-Term investment with a projected 4.31% first-year return on $67,959 initial cash invested.

4.31%

Cash On Cash

8.29%

Cap Rate

1.27

DSCR

$2,620

Rent

$244

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,620 income − $2,376 expenses = $244 cash flow

Income$2,620Mortgage P&I$1,29549%Property Taxes$1034%Insurance$873%Management$31412%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28811%Cash Flow$244

Investment Breakdown

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Purchase Price

$238k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,959

Downpayment

20%

$47,580

Closing costs

1%

$2,379

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,620

Total Expenses

$2,376

Mortgage P&I

49%

$1,295

Property Taxes

4%

$103

Home Insurance

3%

$87

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$288

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