REI Lense

REI Lense

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$2,443 (target)

9320 Parkway Dr, Highland, IN 46322

3 beds • 3 baths • 2135 sqft

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This property looks like a bad Long-Term investment with a projected -8.84% first-year return on $88,200 initial cash invested.

-8.84%

Cash On Cash

4.27%

Cap Rate

0.74

DSCR

$2,443

Rent

-$650

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,443 income − $3,093 expenses = $650 out of pocket

Income$2,443Out of Pocket$650Mortgage P&I$2,02283%Property Taxes$28912%Insurance$1476%Management$24410%CapEx$1225%Vacancy$1476%Maintenance$1225%

Investment Breakdown

|

Purchase Price

$420k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,200

Downpayment

20%

$84,000

Closing costs

1%

$4,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,443

Total Expenses

$3,093

Mortgage P&I

83%

$2,022

Property Taxes

12%

$289

Home Insurance

6%

$147

HOA

0%

$0

Property Management

10%

$244

CapEx

5%

$122

Vacancy

6%

$147

Maintenance

5%

$122

Other

0%

$0

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