REI Lense

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$1,505 (target)

8890 High Street, Georgetown, IN 47122

3 beds • 2 baths • 1856 sqft

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This property might be a fair Long-Term investment with a projected 3.17% first-year return on $35,175 initial cash invested.

3.17%

Cash On Cash

7.57%

Cap Rate

1.19

DSCR

$1,505

Rent

$93

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,505 income − $1,412 expenses = $93 cash flow

Income$1,505Mortgage P&I$88859%Property Taxes$745%Insurance$604%Management$15010%CapEx$755%Vacancy$906%Maintenance$755%Cash Flow$93

Investment Breakdown

|

Purchase Price

$168k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,175

Downpayment

20%

$33,500

Closing costs

1%

$1,675

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,505

Total Expenses

$1,412

Mortgage P&I

59%

$888

Property Taxes

5%

$74

Home Insurance

4%

$60

HOA

0%

$0

Property Management

10%

$150

CapEx

5%

$75

Vacancy

6%

$90

Maintenance

5%

$75

Other

0%

$0

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