REI Lense

REI Lense

Unlock all features! Tap here to upgrade

6669 Eugene Ave, Portage, IN 46368

3 beds • 3 baths • 3528 sqft

Email

This property looks like a bad Airbnb investment with a projected -1.5% first-year return on $89,652 initial cash invested.

-1.5%

Cash On Cash

6.15%

Cap Rate

1.02

DSCR

$3,800

Rent

-$112

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,800 income − $3,912 expenses = $112 out of pocket

Income$3,800Out of Pocket$112Mortgage P&I$1,71045%Property Taxes$2567%Insurance$1223%Management$57015%CapEx$1524%Maintenance$1524%Other$95025%

Investment Breakdown

|

Purchase Price

$341k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,652

Downpayment

20%

$68,240

Closing costs

1%

$3,412

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,800

Total Expenses

$3,912

Mortgage P&I

45%

$1,710

Property Taxes

7%

$256

Home Insurance

3%

$122

HOA

0%

$0

Property Management

15%

$570

CapEx

4%

$152

Vacancy

0%

$0

Maintenance

4%

$152

Other

25%

$950

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis