REI Lense

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$2,728 (target)

8718 Black Oak Drive, Charlestown, IN 47111

3 beds • 3 baths • 1917 sqft

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This property looks like a bad Mid-Term investment with a projected -4.14% first-year return on $90,660 initial cash invested.

-4.14%

Cash On Cash

5.46%

Cap Rate

0.89

DSCR

$2,728

Rent

-$313

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,728 income − $3,041 expenses = $313 out of pocket

Income$2,728Out of Pocket$313Mortgage P&I$1,77865%Property Taxes$2068%Insurance$1224%HOA$8Management$32712%CapEx$1094%Vacancy$823%Maintenance$1094%Other$30011%

Investment Breakdown

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Purchase Price

$346k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,660

Downpayment

20%

$69,200

Closing costs

1%

$3,460

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,728

Total Expenses

$3,041

Mortgage P&I

65%

$1,778

Property Taxes

8%

$206

Home Insurance

4%

$122

HOA

0%

$8

Property Management

12%

$327

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$300

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