REI Lense

REI Lense

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$1,032 (target)

5746 N Round Barn Rd, Richmond, IN 47374

3 beds • 3 baths • 1700 sqft

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This property looks like a bad Long-Term investment with a projected -19.96% first-year return on $70,329 initial cash invested.

-19.96%

Cash On Cash

1.96%

Cap Rate

0.33

DSCR

$1,032

Rent

-$1,170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,329

Downpayment

20%

$66,980

Closing costs

1%

$3,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,032

Total Expenses

$2,202

Mortgage P&I

161%

$1,664

Property Taxes

15%

$152

Home Insurance

11%

$117

HOA

0%

$0

Property Management

10%

$103

CapEx

5%

$52

Vacancy

6%

$62

Maintenance

5%

$52

Other

0%

$0

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