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1001 W 1st St, Muncie, IN 47305

4 beds • 3 baths • sqft • 2 units

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This property could be a profitable Long-Term investment with a projected 33.37% first-year return on $21,000 initial cash invested.

33.37%

Cash On Cash

14.21%

Cap Rate

2.29

DSCR

$1,680

Rent

$584

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,680 income − $1,096 expenses = $584 cash flow

Income$1,680Mortgage P&I$51631%Property Taxes$1086%Insurance$352%Management$16810%CapEx$845%Vacancy$1016%Maintenance$845%Cash Flow$584

Investment Breakdown

|

Purchase Price

$100,000

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$21,000

Downpayment

20%

$20,000

Closing costs

1%

$1,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,680

Total Expenses

$1,096

Mortgage P&I

31%

$516

Property Taxes

6%

$108

Home Insurance

2%

$35

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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