REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,642 (target)

6707 W 400 N, Michigan City, IN 46360

3 beds • 4 baths • 3084 sqft

Email

This property looks like a bad Mid-Term investment with a projected -1.51% first-year return on $103k initial cash invested.

-1.51%

Cash On Cash

5.92%

Cap Rate

1.01

DSCR

$3,642

Rent

-$130

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$405k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$80,960

Closing costs

1%

$4,048

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,642

Total Expenses

$3,772

Mortgage P&I

54%

$1,982

Property Taxes

12%

$425

Home Insurance

3%

$126

HOA

0%

$0

Property Management

12%

$437

CapEx

4%

$146

Vacancy

3%

$109

Maintenance

4%

$146

Other

11%

$401

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis