REI Lense

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$1,618 (target)

936 Greenwich Rd, Lafayette, IN 47905

3 beds • 2 baths • 1064 sqft

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This property looks like a bad Long-Term investment with a projected -0.77% first-year return on $41,811 initial cash invested.

-0.77%

Cash On Cash

6.75%

Cap Rate

1.05

DSCR

$1,618

Rent

-$27

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,618 income − $1,645 expenses = $27 out of pocket

Income$1,618Out of Pocket$27Mortgage P&I$1,06666%Property Taxes$936%Insurance$654%Management$16210%CapEx$815%Vacancy$976%Maintenance$815%

Investment Breakdown

|

Purchase Price

$199k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,811

Downpayment

20%

$39,820

Closing costs

1%

$1,991

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,618

Total Expenses

$1,645

Mortgage P&I

66%

$1,066

Property Taxes

6%

$93

Home Insurance

4%

$65

HOA

0%

$0

Property Management

10%

$162

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

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