REI Lense

REI Lense

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$2,129 (target)

7496 Wood Ct, Fishers, IN 46038

3 beds • 2 baths • 1280 sqft

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This property looks like a bad Long-Term investment with a projected -7.31% first-year return on $68,754 initial cash invested.

-7.31%

Cash On Cash

4.92%

Cap Rate

0.81

DSCR

$2,129

Rent

-$419

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,129 income − $2,548 expenses = $419 out of pocket

Income$2,129Out of Pocket$419Mortgage P&I$1,65678%Property Taxes$21110%Insurance$1175%HOA$111%Management$21310%CapEx$1065%Vacancy$1286%Maintenance$1065%

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,754

Downpayment

20%

$65,480

Closing costs

1%

$3,274

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,129

Total Expenses

$2,548

Mortgage P&I

78%

$1,656

Property Taxes

10%

$211

Home Insurance

6%

$117

HOA

1%

$11

Property Management

10%

$213

CapEx

5%

$106

Vacancy

6%

$128

Maintenance

5%

$106

Other

0%

$0

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