REI Lense

REI Lense

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Target property

9862 N 125 E, La Porte, IN 46350

3 beds • 2 baths • 2392 sqft

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This property looks like a bad Airbnb investment with a projected -27.62% first-year return on $128k initial cash invested.

-27.62%

Cash On Cash

-0.93%

Cap Rate

-0.16

DSCR

$0

Rent

-$2,951

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,249

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$0

Total Expenses

$2,951

Mortgage P&I

25450000%

$2,545

Property Taxes

2220000%

$222

Home Insurance

1840000%

$184

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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