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$2,804 (target)

1004 N Lee St, Garrett, IN 46738

3 beds • 2 baths • 1924 sqft

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This property could be a profitable Mid-Term investment with a projected 10.42% first-year return on $62,667 initial cash invested.

10.42%

Cash On Cash

10.04%

Cap Rate

1.58

DSCR

$2,804

Rent

$544

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,804 income − $2,260 expenses = $544 cash flow

Income$2,804Mortgage P&I$1,12340%Property Taxes$1104%Insurance$753%Management$33612%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30811%Cash Flow$544

Investment Breakdown

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Purchase Price

$213k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,667

Downpayment

20%

$42,540

Closing costs

1%

$2,127

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,804

Total Expenses

$2,260

Mortgage P&I

40%

$1,123

Property Taxes

4%

$110

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$336

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$308

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