REI Lense

REI Lense

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$1,689 (target)

834 Willow Ct, Hammond, IN 46320

3 beds • 2 baths • 1707 sqft

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This property looks like a bad Long-Term investment with a projected -1.02% first-year return on $47,229 initial cash invested.

-1.02%

Cash On Cash

6.65%

Cap Rate

1.04

DSCR

$1,689

Rent

-$40

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,689 income − $1,729 expenses = $40 out of pocket

Income$1,689Out of Pocket$40Mortgage P&I$1,20271%Property Taxes$101%Insurance$795%Management$16910%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,689

Total Expenses

$1,729

Mortgage P&I

71%

$1,202

Property Taxes

1%

$10

Home Insurance

5%

$79

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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