REI Lense

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$2,123 (target)

55763 Ringneck Dr, Osceola, IN 46561

3 beds • 3 baths • 2506 sqft

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This property looks like a bad Long-Term investment with a projected -7.1% first-year return on $68,628 initial cash invested.

-7.1%

Cash On Cash

5.07%

Cap Rate

0.82

DSCR

$2,123

Rent

-$406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,123 income − $2,529 expenses = $406 out of pocket

Income$2,123Out of Pocket$406Mortgage P&I$1,68279%Property Taxes$20810%Insurance$884%Management$21210%CapEx$1065%Vacancy$1276%Maintenance$1065%

Investment Breakdown

|

Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,628

Downpayment

20%

$65,360

Closing costs

1%

$3,268

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,123

Total Expenses

$2,529

Mortgage P&I

79%

$1,682

Property Taxes

10%

$208

Home Insurance

4%

$88

HOA

0%

$0

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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