REI Lense

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$1,708 (target)

6705 Harrison Trail NE, Georgetown, IN 47122

3 beds • 2 baths • 1242 sqft

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This property might be a fair Long-Term investment with a projected 4.87% first-year return on $39,900 initial cash invested.

4.87%

Cash On Cash

8.03%

Cap Rate

1.24

DSCR

$1,708

Rent

$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,708 income − $1,546 expenses = $162 cash flow

Income$1,708Mortgage P&I$1,02560%Property Taxes$121%Insurance$664%Management$17110%CapEx$855%Vacancy$1026%Maintenance$855%Cash Flow$162

Investment Breakdown

|

Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,900

Downpayment

20%

$38,000

Closing costs

1%

$1,900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,708

Total Expenses

$1,546

Mortgage P&I

60%

$1,025

Property Taxes

1%

$12

Home Insurance

4%

$66

HOA

0%

$0

Property Management

10%

$171

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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