REI Lense

REI Lense

$3,735 (target)

842 Deerfield Rd, Anderson, IN 46012

3 beds • 2 baths • 2255 sqft

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This property might be a fair Mid-Term investment with a projected 4.68% first-year return on $86,733 initial cash invested.

4.68%

Cash On Cash

8.37%

Cap Rate

1.27

DSCR

$3,735

Rent

$338

Cashflow

Cash Flow

$3,735 income − $3,397 expenses = $338 cash flow

Income$3,735P&I$1,79748%Taxes$2146%Insurance$1173%Mgmt$44812%CapEx$1494%Vacancy$1123%Maint.$1494%Other$41111%Cash Flow$338

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,733

Downpayment

20%

$65,460

Closing costs

1%

$3,273

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,735

Total Expenses

$3,397

Mortgage P&I

48%

$1,797

Property Taxes

6%

$214

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$448

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$411

See Anderson, IN mid-term rental market →

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