REI Lense

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$1,486 (target)

741 Wanda Street, Scottsburg, IN 47170

3 beds • 2 baths • 1247 sqft

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This property looks like a bad Long-Term investment with a projected -7.17% first-year return on $46,011 initial cash invested.

-7.17%

Cash On Cash

5.41%

Cap Rate

0.83

DSCR

$1,486

Rent

-$275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,486 income − $1,761 expenses = $275 out of pocket

Income$1,486Out of Pocket$275Mortgage P&I$1,18880%Property Taxes$1087%Insurance$795%Management$14910%CapEx$745%Vacancy$896%Maintenance$745%

Investment Breakdown

|

Purchase Price

$219k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,011

Downpayment

20%

$43,820

Closing costs

1%

$2,191

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,486

Total Expenses

$1,761

Mortgage P&I

80%

$1,188

Property Taxes

7%

$108

Home Insurance

5%

$79

HOA

0%

$0

Property Management

10%

$149

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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