REI Lense

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$1,972 (target)

556 Durbin St, Gary, IN 46406

3 beds • 2 baths • 1440 sqft

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This property could be a profitable Mid-Term investment with a projected 21.99% first-year return on $37,110 initial cash invested.

21.99%

Cash On Cash

16.46%

Cap Rate

2.55

DSCR

$1,972

Rent

$680

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$91,000

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,110

Downpayment

20%

$18,200

Closing costs

1%

$910

Rehab

0%

$0

Furnishing

20%

$18,000

Cashflow

Total Income

$1,972

Total Expenses

$1,292

Mortgage P&I

25%

$489

Property Taxes

4%

$73

Home Insurance

3%

$59

HOA

0%

$0

Property Management

12%

$237

CapEx

4%

$79

Vacancy

3%

$59

Maintenance

4%

$79

Other

11%

$217

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