REI Lense

REI Lense

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$1,627 (target)

8997 Short Ridge Rd, Aurora, IN 47001

3 beds • 2 baths • 1344 sqft

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This property might be a fair Long-Term investment with a projected 4.98% first-year return on $38,766 initial cash invested.

4.98%

Cash On Cash

7.35%

Cap Rate

1.27

DSCR

$1,627

Rent

$161

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,627 income − $1,466 expenses = $161 cash flow

Income$1,627Mortgage P&I$88855%Property Taxes$493%Insurance$1067%Management$16310%CapEx$815%Vacancy$986%Maintenance$815%Cash Flow$161

Investment Breakdown

|

Purchase Price

$185k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,766

Downpayment

20%

$36,920

Closing costs

1%

$1,846

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,627

Total Expenses

$1,466

Mortgage P&I

55%

$888

Property Taxes

3%

$49

Home Insurance

7%

$106

HOA

0%

$0

Property Management

10%

$163

CapEx

5%

$81

Vacancy

6%

$98

Maintenance

5%

$81

Other

0%

$0

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