REI Lense

REI Lense

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$2,342 (target)

7422 Voyles Road, Greenville, IN 47124

3 beds • 3 baths • 2114 sqft

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This property looks like a bad Long-Term investment with a projected -6.49% first-year return on $76,881 initial cash invested.

-6.49%

Cash On Cash

5.02%

Cap Rate

0.84

DSCR

$2,342

Rent

-$416

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,881

Downpayment

20%

$73,220

Closing costs

1%

$3,661

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,342

Total Expenses

$2,758

Mortgage P&I

78%

$1,829

Property Taxes

8%

$189

Home Insurance

6%

$131

HOA

0%

$0

Property Management

10%

$234

CapEx

5%

$117

Vacancy

6%

$141

Maintenance

5%

$117

Other

0%

$0

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