REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,018 (target)

714 W Darrell Dr, Muncie, IN 47303

3 beds • 2 baths • 1430 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.91% first-year return on $63,129 initial cash invested.

0.91%

Cash On Cash

7.13%

Cap Rate

1.11

DSCR

$2,018

Rent

$48

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,018 income − $1,970 expenses = $48 cash flow

Income$2,018Mortgage P&I$1,14857%Property Taxes$603%Insurance$754%Management$24212%CapEx$814%Vacancy$613%Maintenance$814%Other$22211%Cash Flow$48

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,129

Downpayment

20%

$42,980

Closing costs

1%

$2,149

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,018

Total Expenses

$1,970

Mortgage P&I

57%

$1,148

Property Taxes

3%

$60

Home Insurance

4%

$75

HOA

0%

$0

Property Management

12%

$242

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$222

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis