REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,847 (target)

59843 Kay Blvd, Elkhart, IN 46517

3 beds • 3 baths • 2080 sqft

Email

This property looks like a bad Long-Term investment with a projected -14.34% first-year return on $75,159 initial cash invested.

-14.34%

Cash On Cash

3.31%

Cap Rate

0.55

DSCR

$1,847

Rent

-$898

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,847 income − $2,745 expenses = $898 out of pocket

Income$1,847Out of Pocket$898Mortgage P&I$1,79397%Property Taxes$34719%Insurance$1257%Management$18510%CapEx$925%Vacancy$1116%Maintenance$925%

Investment Breakdown

|

Purchase Price

$358k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,159

Downpayment

20%

$71,580

Closing costs

1%

$3,579

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,847

Total Expenses

$2,745

Mortgage P&I

97%

$1,793

Property Taxes

19%

$347

Home Insurance

7%

$125

HOA

0%

$0

Property Management

10%

$185

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis