REI Lense

REI Lense

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$1,993 (target)

5450 S Nebraska St, Marion, IN 46953

3 beds • 3 baths • 2677 sqft

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This property looks like a bad Long-Term investment with a projected -21.16% first-year return on $131k initial cash invested.

-21.16%

Cash On Cash

1.85%

Cap Rate

0.3

DSCR

$1,993

Rent

-$2,314

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$625k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$125k

Closing costs

1%

$6,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,993

Total Expenses

$4,307

Mortgage P&I

160%

$3,179

Property Taxes

20%

$390

Home Insurance

11%

$219

HOA

0%

$0

Property Management

10%

$199

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

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