REI Lense

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$2,427 (target)

936 Greenwich Rd, Lafayette, IN 47905

3 beds • 2 baths • 1064 sqft

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This property might be a fair Mid-Term investment with a projected 7.58% first-year return on $59,811 initial cash invested.

7.58%

Cash On Cash

9.29%

Cap Rate

1.45

DSCR

$2,427

Rent

$378

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,427 income − $2,049 expenses = $378 cash flow

Income$2,427Mortgage P&I$1,06644%Property Taxes$934%Insurance$653%Management$29112%CapEx$974%Vacancy$733%Maintenance$974%Other$26711%Cash Flow$378

Investment Breakdown

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Purchase Price

$199k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,811

Downpayment

20%

$39,820

Closing costs

1%

$1,991

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,427

Total Expenses

$2,049

Mortgage P&I

44%

$1,066

Property Taxes

4%

$93

Home Insurance

3%

$65

HOA

0%

$0

Property Management

12%

$291

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$267

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