REI Lense

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$2,074 (target)

608 Maxine Dr, Ossian, IN 46777

3 beds • 2 baths • 1176 sqft

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This property might be a fair Mid-Term investment with a projected 2.45% first-year return on $61,260 initial cash invested.

2.45%

Cash On Cash

7.51%

Cap Rate

1.19

DSCR

$2,074

Rent

$125

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$206k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,260

Downpayment

20%

$41,200

Closing costs

1%

$2,060

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,074

Total Expenses

$1,949

Mortgage P&I

52%

$1,081

Property Taxes

4%

$89

Home Insurance

4%

$74

HOA

0%

$0

Property Management

12%

$249

CapEx

4%

$83

Vacancy

3%

$62

Maintenance

4%

$83

Other

11%

$228

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