REI Lense

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$2,151 (target)

56235 Hollingshead Dr, Mishawaka, IN 46545

3 beds • 2 baths • 2862 sqft

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This property looks like a bad Long-Term investment with a projected -10.2% first-year return on $80,472 initial cash invested.

-10.2%

Cash On Cash

4.24%

Cap Rate

0.7

DSCR

$2,151

Rent

-$684

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,151 income − $2,835 expenses = $684 out of pocket

Income$2,151Out of Pocket$684Mortgage P&I$1,92990%Property Taxes$21010%Insurance$1366%Management$21510%CapEx$1085%Vacancy$1296%Maintenance$1085%

Investment Breakdown

|

Purchase Price

$383k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,472

Downpayment

20%

$76,640

Closing costs

1%

$3,832

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,151

Total Expenses

$2,835

Mortgage P&I

90%

$1,929

Property Taxes

10%

$210

Home Insurance

6%

$136

HOA

0%

$0

Property Management

10%

$215

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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