REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,794 (target)

9239 Southport Dr, Evansville, IN 47711

3 beds • 2 baths • 1863 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.33% first-year return on $64,722 initial cash invested.

-10.33%

Cash On Cash

4.29%

Cap Rate

0.7

DSCR

$1,794

Rent

-$557

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,794 income − $2,351 expenses = $557 out of pocket

Income$1,794Out of Pocket$557Mortgage P&I$1,56887%Property Taxes$20611%Insurance$1106%Management$17910%CapEx$905%Vacancy$1086%Maintenance$905%

Investment Breakdown

|

Purchase Price

$308k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,722

Downpayment

20%

$61,640

Closing costs

1%

$3,082

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,794

Total Expenses

$2,351

Mortgage P&I

87%

$1,568

Property Taxes

11%

$206

Home Insurance

6%

$110

HOA

0%

$0

Property Management

10%

$179

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis