REI Lense

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$1,857 (target)

5825 Bittersweet Dr, West Lafayette, IN 47906

3 beds • 2 baths • 1482 sqft

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This property looks like a bad Long-Term investment with a projected -6.08% first-year return on $59,829 initial cash invested.

-6.08%

Cash On Cash

5.15%

Cap Rate

0.85

DSCR

$1,857

Rent

-$303

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,857 income − $2,160 expenses = $303 out of pocket

Income$1,857Out of Pocket$303Mortgage P&I$1,43277%Property Taxes$1428%Insurance$1036%Management$18610%CapEx$935%Vacancy$1116%Maintenance$935%

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,829

Downpayment

20%

$56,980

Closing costs

1%

$2,849

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,857

Total Expenses

$2,160

Mortgage P&I

77%

$1,432

Property Taxes

8%

$142

Home Insurance

6%

$103

HOA

0%

$0

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$111

Maintenance

5%

$93

Other

0%

$0

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