REI Lense

REI Lense

Unlock all features! Tap here to upgrade

7654 Monroe St, Merrillville, IN 46410

3 beds • 2 baths • 1635 sqft

Email

This property might be a fair Airbnb investment with a projected 2.86% first-year return on $68,001 initial cash invested.

2.86%

Cash On Cash

7.88%

Cap Rate

1.24

DSCR

$3,393

Rent

$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,393 income − $3,231 expenses = $162 cash flow

Income$3,393Mortgage P&I$1,26537%Property Taxes$2217%Insurance$842%HOA$321%Management$50915%CapEx$1364%Maintenance$1364%Other$84825%Cash Flow$162

Investment Breakdown

|

Purchase Price

$238k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,001

Downpayment

20%

$47,620

Closing costs

1%

$2,381

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,393

Total Expenses

$3,231

Mortgage P&I

37%

$1,265

Property Taxes

7%

$221

Home Insurance

2%

$84

HOA

1%

$32

Property Management

15%

$509

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$848

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis