REI Lense

REI Lense

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$1,594 (target)

5915 S Delmar Rd, Marion, IN 46953

3 beds • 2 baths • 1560 sqft

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This property looks like a bad Long-Term investment with a projected -0.86% first-year return on $41,790 initial cash invested.

-0.86%

Cash On Cash

6.66%

Cap Rate

1.05

DSCR

$1,594

Rent

-$30

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,594 income − $1,624 expenses = $30 out of pocket

Income$1,594Out of Pocket$30Mortgage P&I$1,05566%Property Taxes$845%Insurance$704%Management$15910%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$199k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,790

Downpayment

20%

$39,800

Closing costs

1%

$1,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,594

Total Expenses

$1,624

Mortgage P&I

66%

$1,055

Property Taxes

5%

$84

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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