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$2,613 (target)

1032 Down Ridge Dr, Decatur, IN 46733

3 beds • 2 baths • 1368 sqft

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This property might be a fair Mid-Term investment with a projected 2.35% first-year return on $72,600 initial cash invested.

2.35%

Cash On Cash

7.31%

Cap Rate

1.18

DSCR

$2,613

Rent

$142

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,613 income − $2,471 expenses = $142 cash flow

Income$2,613Mortgage P&I$1,33651%Property Taxes$1556%Insurance$913%Management$31412%CapEx$1054%Vacancy$783%Maintenance$1054%Other$28711%Cash Flow$142

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,613

Total Expenses

$2,471

Mortgage P&I

51%

$1,336

Property Taxes

6%

$155

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$78

Maintenance

4%

$105

Other

11%

$287

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