REI Lense

REI Lense

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$4,599 (target)

803 Northwood Dr, South Bend, IN 46617

3 beds • 2 baths • 1356 sqft

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This property looks like a bad Mid-Term investment with a projected -3.63% first-year return on $112k initial cash invested.

-3.63%

Cash On Cash

5.58%

Cap Rate

0.93

DSCR

$4,599

Rent

-$338

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$446k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,240

Closing costs

1%

$4,462

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,599

Total Expenses

$4,937

Mortgage P&I

48%

$2,230

Property Taxes

21%

$980

Home Insurance

4%

$163

HOA

0%

$0

Property Management

12%

$552

CapEx

4%

$184

Vacancy

3%

$138

Maintenance

4%

$184

Other

11%

$506

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