REI Lense

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$1,972 (target)

7 Parkwood Dr, Logansport, IN 46947

3 beds • 2 baths • 2457 sqft

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This property looks like a bad Long-Term investment with a projected -12.04% first-year return on $79,548 initial cash invested.

-12.04%

Cash On Cash

3.82%

Cap Rate

0.63

DSCR

$1,972

Rent

-$798

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,972 income − $2,770 expenses = $798 out of pocket

Income$1,972Out of Pocket$798Mortgage P&I$1,90497%Property Taxes$21711%Insurance$1367%Management$19710%CapEx$995%Vacancy$1186%Maintenance$995%

Investment Breakdown

|

Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,548

Downpayment

20%

$75,760

Closing costs

1%

$3,788

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,972

Total Expenses

$2,770

Mortgage P&I

97%

$1,904

Property Taxes

11%

$217

Home Insurance

7%

$136

HOA

0%

$0

Property Management

10%

$197

CapEx

5%

$99

Vacancy

6%

$118

Maintenance

5%

$99

Other

0%

$0

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