REI Lense

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$3,261 (target)

6442 Deerfield Trl, South Bend, IN 46614

3 beds • 2 baths • 1972 sqft

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This property looks like a bad Mid-Term investment with a projected -5.64% first-year return on $107k initial cash invested.

-5.64%

Cash On Cash

5.09%

Cap Rate

0.83

DSCR

$3,261

Rent

-$504

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,261 income − $3,765 expenses = $504 out of pocket

Income$3,261Out of Pocket$504Mortgage P&I$2,17767%Property Taxes$31610%Insurance$1495%HOA$15Management$39112%CapEx$1304%Vacancy$983%Maintenance$1304%Other$35911%

Investment Breakdown

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Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,261

Total Expenses

$3,765

Mortgage P&I

67%

$2,177

Property Taxes

10%

$316

Home Insurance

5%

$149

HOA

0%

$15

Property Management

12%

$391

CapEx

4%

$130

Vacancy

3%

$98

Maintenance

4%

$130

Other

11%

$359

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