REI Lense

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$3,249 (target)

6423 Franklin Ct, Fishers, IN 46038

3 beds • 2 baths • 1454 sqft

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This property looks like a bad Mid-Term investment with a projected -4.07% first-year return on $98,850 initial cash invested.

-4.07%

Cash On Cash

5.71%

Cap Rate

0.9

DSCR

$3,249

Rent

-$335

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,249 income − $3,584 expenses = $335 out of pocket

Income$3,249Out of Pocket$335Mortgage P&I$2,03863%Property Taxes$2618%Insurance$1354%HOA$461%Management$39012%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35711%

Investment Breakdown

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Purchase Price

$385k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,850

Downpayment

20%

$77,000

Closing costs

1%

$3,850

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,249

Total Expenses

$3,584

Mortgage P&I

63%

$2,038

Property Taxes

8%

$261

Home Insurance

4%

$135

HOA

1%

$46

Property Management

12%

$390

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$357

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