REI Lense

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$1,574 (target)

604 Chariot Ln, Indianapolis, IN 46227

3 beds • 2 baths • 3118 sqft

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This property looks like a bad Long-Term investment with a projected -11.11% first-year return on $53,256 initial cash invested.

-11.11%

Cash On Cash

4.23%

Cap Rate

0.68

DSCR

$1,574

Rent

-$493

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,574 income − $2,067 expenses = $493 out of pocket

Income$1,574Out of Pocket$493Mortgage P&I$1,30883%Property Taxes$28718%Insurance$634%Management$15710%CapEx$795%Vacancy$946%Maintenance$795%

Investment Breakdown

|

Purchase Price

$254k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,256

Downpayment

20%

$50,720

Closing costs

1%

$2,536

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,574

Total Expenses

$2,067

Mortgage P&I

83%

$1,308

Property Taxes

18%

$287

Home Insurance

4%

$63

HOA

0%

$0

Property Management

10%

$157

CapEx

5%

$79

Vacancy

6%

$94

Maintenance

5%

$79

Other

0%

$0

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