REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,462 (target)

54176 Independence St, Elkhart, IN 46514

3 beds • 2 baths • 1599 sqft

Email

This property might be a fair Mid-Term investment with a projected 5.27% first-year return on $62,205 initial cash invested.

5.27%

Cash On Cash

8.44%

Cap Rate

1.33

DSCR

$2,462

Rent

$273

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,462 income − $2,189 expenses = $273 cash flow

Income$2,462Mortgage P&I$1,11045%Property Taxes$1747%Insurance$693%Management$29512%CapEx$984%Vacancy$743%Maintenance$984%Other$27111%Cash Flow$273

Investment Breakdown

|

Purchase Price

$211k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,205

Downpayment

20%

$42,100

Closing costs

1%

$2,105

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,462

Total Expenses

$2,189

Mortgage P&I

45%

$1,110

Property Taxes

7%

$174

Home Insurance

3%

$69

HOA

0%

$0

Property Management

12%

$295

CapEx

4%

$98

Vacancy

3%

$74

Maintenance

4%

$98

Other

11%

$271

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis