REI Lense

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$2,676 (target)

8422 Kannon Dr, Lowell, IN 46356

3 beds • 2 baths • 1901 sqft

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This property looks like a bad Long-Term investment with a projected -2.01% first-year return on $76,986 initial cash invested.

-2.01%

Cash On Cash

6.44%

Cap Rate

1

DSCR

$2,676

Rent

-$129

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,676 income − $2,805 expenses = $129 out of pocket

Income$2,676Out of Pocket$129Mortgage P&I$1,96373%Property Taxes$3Insurance$1295%HOA$13Management$26810%CapEx$1345%Vacancy$1616%Maintenance$1345%

Investment Breakdown

|

Purchase Price

$367k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,986

Downpayment

20%

$73,320

Closing costs

1%

$3,666

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,676

Total Expenses

$2,805

Mortgage P&I

73%

$1,963

Property Taxes

0%

$3

Home Insurance

5%

$129

HOA

0%

$13

Property Management

10%

$268

CapEx

5%

$134

Vacancy

6%

$161

Maintenance

5%

$134

Other

0%

$0

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