REI Lense

REI Lense

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$2,517 (target)

8611 Burdette Drive, Charlestown, IN 47111

3 beds • 3 baths • 2800 sqft

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This property looks like a bad Long-Term investment with a projected -8.77% first-year return on $94,311 initial cash invested.

-8.77%

Cash On Cash

4.54%

Cap Rate

0.75

DSCR

$2,517

Rent

-$689

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,517 income − $3,206 expenses = $689 out of pocket

Income$2,517Out of Pocket$689Mortgage P&I$2,26290%Property Taxes$1757%Insurance$1145%Management$25210%CapEx$1265%Vacancy$1516%Maintenance$1265%

Investment Breakdown

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Purchase Price

$449k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,311

Downpayment

20%

$89,820

Closing costs

1%

$4,491

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,517

Total Expenses

$3,206

Mortgage P&I

90%

$2,262

Property Taxes

7%

$175

Home Insurance

5%

$114

HOA

0%

$0

Property Management

10%

$252

CapEx

5%

$126

Vacancy

6%

$151

Maintenance

5%

$126

Other

0%

$0

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