REI Lense

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$4,444 (target)

5601 Phillips Rd, Schererville, IN 46375

3 beds • 2 baths • 1907 sqft

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This property looks like a bad Mid-Term investment with a projected -0.22% first-year return on $110k initial cash invested.

-0.22%

Cash On Cash

6.72%

Cap Rate

1.07

DSCR

$4,444

Rent

-$20

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,444 income − $4,464 expenses = $20 out of pocket

Income$4,444Out of Pocket$20Mortgage P&I$2,28751%Property Taxes$3237%Insurance$1543%HOA$1894%Management$53312%CapEx$1784%Vacancy$1333%Maintenance$1784%Other$48911%

Investment Breakdown

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Purchase Price

$437k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,300

Closing costs

1%

$4,365

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,444

Total Expenses

$4,464

Mortgage P&I

51%

$2,287

Property Taxes

7%

$323

Home Insurance

3%

$154

HOA

4%

$189

Property Management

12%

$533

CapEx

4%

$178

Vacancy

3%

$133

Maintenance

4%

$178

Other

11%

$489

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