REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,207 (target)

5905 E Rick Rd, Muncie, IN 47303

3 beds • 2 baths • 1161 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.75% first-year return on $37,590 initial cash invested.

-8.75%

Cash On Cash

5.2%

Cap Rate

0.78

DSCR

$1,207

Rent

-$274

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,207 income − $1,481 expenses = $274 out of pocket

Income$1,207Out of Pocket$274Mortgage P&I$98982%Property Taxes$11610%Insurance$635%Management$12110%CapEx$605%Vacancy$726%Maintenance$605%

Investment Breakdown

|

Purchase Price

$179k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,590

Downpayment

20%

$35,800

Closing costs

1%

$1,790

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,207

Total Expenses

$1,481

Mortgage P&I

82%

$989

Property Taxes

10%

$116

Home Insurance

5%

$63

HOA

0%

$0

Property Management

10%

$121

CapEx

5%

$60

Vacancy

6%

$72

Maintenance

5%

$60

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis