REI Lense

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$3,032 (target)

5740 Waterstone Dr, Newburgh, IN 47630

3 beds • 2 baths • 1701 sqft

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This property might be a fair Mid-Term investment with a projected 0.08% first-year return on $90,660 initial cash invested.

0.08%

Cash On Cash

6.4%

Cap Rate

1.07

DSCR

$3,032

Rent

$6

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$346k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,660

Downpayment

20%

$69,200

Closing costs

1%

$3,460

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,032

Total Expenses

$3,026

Mortgage P&I

57%

$1,719

Property Taxes

5%

$152

Home Insurance

4%

$124

HOA

0%

$0

Property Management

12%

$364

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$334

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