REI Lense

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$2,202 (target)

8128 W 4th Pl, Highland, IN 46322

3 beds • 2 baths • 1334 sqft

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This property might be a fair Long-Term investment with a projected 1.63% first-year return on $51,597 initial cash invested.

1.63%

Cash On Cash

7.18%

Cap Rate

1.14

DSCR

$2,202

Rent

$70

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,202 income − $2,132 expenses = $70 cash flow

Income$2,202Mortgage P&I$1,29159%Property Taxes$1818%Insurance$884%Management$22010%CapEx$1105%Vacancy$1326%Maintenance$1105%Cash Flow$70

Investment Breakdown

|

Purchase Price

$246k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,597

Downpayment

20%

$49,140

Closing costs

1%

$2,457

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,202

Total Expenses

$2,132

Mortgage P&I

59%

$1,291

Property Taxes

8%

$181

Home Insurance

4%

$88

HOA

0%

$0

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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