REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,184 (target)

6136 Canary Ave, Portage, IN 46368

3 beds • 2 baths • 1593 sqft

Email

This property might be a fair Mid-Term investment with a projected 6.65% first-year return on $75,645 initial cash invested.

6.65%

Cash On Cash

8.43%

Cap Rate

1.4

DSCR

$3,184

Rent

$419

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,184 income − $2,765 expenses = $419 cash flow

Income$3,184Mortgage P&I$1,38243%Property Taxes$2036%Insurance$983%Management$38212%CapEx$1274%Vacancy$963%Maintenance$1274%Other$35011%Cash Flow$419

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,645

Downpayment

20%

$54,900

Closing costs

1%

$2,745

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,184

Total Expenses

$2,765

Mortgage P&I

43%

$1,382

Property Taxes

6%

$203

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$382

CapEx

4%

$127

Vacancy

3%

$96

Maintenance

4%

$127

Other

11%

$350

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis