REI Lense

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$1,288 (target)

54229 County Road 1, Elkhart, IN 46514

3 beds • 2 baths • 3082 sqft

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This property looks like a bad Long-Term investment with a projected -28.84% first-year return on $157k initial cash invested.

-28.84%

Cash On Cash

0.36%

Cap Rate

0.06

DSCR

$1,288

Rent

-$3,785

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,288 income − $5,073 expenses = $3,785 out of pocket

Income$1,288Out of Pocket$3,785Mortgage P&I$3,943306%Property Taxes$53441%Insurance$26220%Management$12910%CapEx$645%Vacancy$776%Maintenance$645%

Investment Breakdown

|

Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$157k

Downpayment

20%

$150k

Closing costs

1%

$7,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,288

Total Expenses

$5,073

Mortgage P&I

306%

$3,943

Property Taxes

41%

$534

Home Insurance

20%

$262

HOA

0%

$0

Property Management

10%

$129

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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