REI Lense

REI Lense

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$1,157 (target)

8705 E 45th St, Indianapolis, IN 46226

3 beds • 2 baths • 1535 sqft

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This property might be a fair Long-Term investment with a projected 1.83% first-year return on $26,250 initial cash invested.

1.83%

Cash On Cash

7.3%

Cap Rate

1.15

DSCR

$1,157

Rent

$40

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,157 income − $1,117 expenses = $40 cash flow

Income$1,157Mortgage P&I$66257%Property Taxes$11010%Insurance$444%Management$11610%CapEx$585%Vacancy$696%Maintenance$585%Cash Flow$40

Investment Breakdown

|

Purchase Price

$125k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,250

Downpayment

20%

$25,000

Closing costs

1%

$1,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,157

Total Expenses

$1,117

Mortgage P&I

57%

$662

Property Taxes

10%

$110

Home Insurance

4%

$44

HOA

0%

$0

Property Management

10%

$116

CapEx

5%

$58

Vacancy

6%

$69

Maintenance

5%

$58

Other

0%

$0

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