REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,382 (target)

6200 Summit Pointe Way, Newburgh, IN 47630

3 beds • 2 baths • 1294 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.62% first-year return on $65,229 initial cash invested.

3.62%

Cash On Cash

7.96%

Cap Rate

1.24

DSCR

$2,382

Rent

$197

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,382 income − $2,185 expenses = $197 cash flow

Income$2,382Mortgage P&I$1,19950%Property Taxes$984%Insurance$793%Management$28612%CapEx$954%Vacancy$713%Maintenance$954%Other$26211%Cash Flow$197

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,382

Total Expenses

$2,185

Mortgage P&I

50%

$1,199

Property Taxes

4%

$98

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$286

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$262

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis