REI Lense

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$2,148 (target)

6301 Salem Ridge Rd, Aurora, IN 47001

3 beds • 2 baths • 1404 sqft

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This property looks like a bad Mid-Term investment with a projected -5.33% first-year return on $82,617 initial cash invested.

-5.33%

Cash On Cash

5%

Cap Rate

0.82

DSCR

$2,148

Rent

-$367

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,148 income − $2,515 expenses = $367 out of pocket

Income$2,148Out of Pocket$367Mortgage P&I$1,56273%Property Taxes$1155%Insurance$1085%Management$25812%CapEx$864%Vacancy$643%Maintenance$864%Other$23611%

Investment Breakdown

|

Purchase Price

$308k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,617

Downpayment

20%

$61,540

Closing costs

1%

$3,077

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,148

Total Expenses

$2,515

Mortgage P&I

73%

$1,562

Property Taxes

5%

$115

Home Insurance

5%

$108

HOA

0%

$0

Property Management

12%

$258

CapEx

4%

$86

Vacancy

3%

$64

Maintenance

4%

$86

Other

11%

$236

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