REI Lense

REI Lense

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$657 (target)

9462 E Saylor Road, Salem, IN 47167

3 beds • 2 baths • 1404 sqft

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This property looks like a bad Long-Term investment with a projected -12.75% first-year return on $18,165 initial cash invested.

-12.75%

Cash On Cash

3.83%

Cap Rate

0.63

DSCR

$657

Rent

-$193

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$657 income − $850 expenses = $193 out of pocket

Income$657Out of Pocket$193Mortgage P&I$43666%Property Taxes$12118%Insurance$12219%Management$6610%CapEx$335%Vacancy$396%Maintenance$335%

Investment Breakdown

|

Purchase Price

$86,500

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$18,165

Downpayment

20%

$17,300

Closing costs

1%

$865

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$657

Total Expenses

$850

Mortgage P&I

66%

$436

Property Taxes

18%

$121

Home Insurance

19%

$122

HOA

0%

$0

Property Management

10%

$66

CapEx

5%

$33

Vacancy

6%

$39

Maintenance

5%

$33

Other

0%

$0

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