REI Lense

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$2,262 (target)

7266 N State Road 1, Ossian, IN 46777

3 beds • 2 baths • 1454 sqft

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This property might be a fair Mid-Term investment with a projected 1.69% first-year return on $67,518 initial cash invested.

1.69%

Cash On Cash

6.85%

Cap Rate

1.16

DSCR

$2,262

Rent

$95

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$236k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,518

Downpayment

20%

$47,160

Closing costs

1%

$2,358

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,262

Total Expenses

$2,167

Mortgage P&I

51%

$1,162

Property Taxes

6%

$132

Home Insurance

5%

$105

HOA

0%

$0

Property Management

12%

$271

CapEx

4%

$90

Vacancy

3%

$68

Maintenance

4%

$90

Other

11%

$249

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