REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,608 (target)

822 Laurel St, Elkhart, IN 46514

3 beds • 2 baths • 1613 sqft

Email

This property might be a fair Mid-Term investment with a projected 7.47% first-year return on $61,491 initial cash invested.

7.47%

Cash On Cash

9.55%

Cap Rate

1.42

DSCR

$2,608

Rent

$383

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,608 income − $2,225 expenses = $383 cash flow

Income$2,608Mortgage P&I$1,16245%Property Taxes$1014%Insurance$763%Management$31312%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28711%Cash Flow$383

Investment Breakdown

|

Purchase Price

$207k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,491

Downpayment

20%

$41,420

Closing costs

1%

$2,071

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,608

Total Expenses

$2,225

Mortgage P&I

45%

$1,162

Property Taxes

4%

$101

Home Insurance

3%

$76

HOA

0%

$0

Property Management

12%

$313

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$287

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis