REI Lense

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$2,881 (target)

6669 Eugene Ave, Portage, IN 46368

3 beds • 3 baths • 3528 sqft

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This property might be a fair Long-Term investment with a projected 0.74% first-year return on $71,652 initial cash invested.

0.74%

Cash On Cash

6.68%

Cap Rate

1.11

DSCR

$2,881

Rent

$44

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,881 income − $2,837 expenses = $44 cash flow

Income$2,881Mortgage P&I$1,71059%Property Taxes$2569%Insurance$1224%Management$28810%CapEx$1445%Vacancy$1736%Maintenance$1445%Cash Flow$44

Investment Breakdown

|

Purchase Price

$341k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,652

Downpayment

20%

$68,240

Closing costs

1%

$3,412

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,881

Total Expenses

$2,837

Mortgage P&I

59%

$1,710

Property Taxes

9%

$256

Home Insurance

4%

$122

HOA

0%

$0

Property Management

10%

$288

CapEx

5%

$144

Vacancy

6%

$173

Maintenance

5%

$144

Other

0%

$0

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