REI Lense

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$3,086 (target)

8725 Hornady Dr, Indianapolis, IN 46239

3 beds • 2 baths • 1960 sqft

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This property looks like a bad Mid-Term investment with a projected -0.57% first-year return on $87,972 initial cash invested.

-0.57%

Cash On Cash

6.39%

Cap Rate

1.05

DSCR

$3,086

Rent

-$42

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,086 income − $3,128 expenses = $42 out of pocket

Income$3,086Out of Pocket$42Mortgage P&I$1,69455%Property Taxes$2388%Insurance$1194%HOA$291%Management$37012%CapEx$1234%Vacancy$933%Maintenance$1234%Other$33911%

Investment Breakdown

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Purchase Price

$333k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,972

Downpayment

20%

$66,640

Closing costs

1%

$3,332

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,086

Total Expenses

$3,128

Mortgage P&I

55%

$1,694

Property Taxes

8%

$238

Home Insurance

4%

$119

HOA

1%

$29

Property Management

12%

$370

CapEx

4%

$123

Vacancy

3%

$93

Maintenance

4%

$123

Other

11%

$339

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