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$2,808 (target)

1 Locust Pl, Portage, IN 46368

3 beds • 2 baths • 2080 sqft

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This property looks like a bad Mid-Term investment with a projected -7.5% first-year return on $107k initial cash invested.

-7.5%

Cash On Cash

4.47%

Cap Rate

0.74

DSCR

$2,808

Rent

-$670

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,808 income − $3,478 expenses = $670 out of pocket

Income$2,808Out of Pocket$670Mortgage P&I$2,14076%Property Taxes$2358%Insurance$1495%Management$33712%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30911%

Investment Breakdown

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Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,980

Closing costs

1%

$4,249

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,808

Total Expenses

$3,478

Mortgage P&I

76%

$2,140

Property Taxes

8%

$235

Home Insurance

5%

$149

HOA

0%

$0

Property Management

12%

$337

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$309

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