REI Lense

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$3,886 (target)

916 N Park Ridge Ct, Bloomington, IN 47408

3 beds • 3 baths • 2942 sqft

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This property might be a fair Long-Term investment with a projected 3.27% first-year return on $90,279 initial cash invested.

3.27%

Cash On Cash

7.23%

Cap Rate

1.2

DSCR

$3,886

Rent

$246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,886 income − $3,640 expenses = $246 cash flow

Income$3,886Mortgage P&I$2,14955%Property Taxes$3319%Insurance$1504%Management$38910%CapEx$1945%Vacancy$2336%Maintenance$1945%Cash Flow$246

Investment Breakdown

|

Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,279

Downpayment

20%

$85,980

Closing costs

1%

$4,299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,886

Total Expenses

$3,640

Mortgage P&I

55%

$2,149

Property Taxes

9%

$331

Home Insurance

4%

$150

HOA

0%

$0

Property Management

10%

$389

CapEx

5%

$194

Vacancy

6%

$233

Maintenance

5%

$194

Other

0%

$0

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