REI Lense

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$2,496 (target)

7505 N Landings Trl, Muncie, IN 47303

3 beds • 4 baths • 5230 sqft

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This property looks like a bad Long-Term investment with a projected -18.56% first-year return on $152k initial cash invested.

-18.56%

Cash On Cash

2.36%

Cap Rate

0.39

DSCR

$2,496

Rent

-$2,355

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$725k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$145k

Closing costs

1%

$7,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,496

Total Expenses

$4,851

Mortgage P&I

147%

$3,658

Property Taxes

10%

$239

Home Insurance

10%

$254

HOA

2%

$50

Property Management

10%

$250

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

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