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$2,949 (target)

110 15th St, Logansport, IN 46947

3 beds • 3 baths • 1994 sqft

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This property could be a profitable Mid-Term investment with a projected 43.16% first-year return on $37,425 initial cash invested.

43.16%

Cash On Cash

25.14%

Cap Rate

4.09

DSCR

$2,949

Rent

$1,346

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,949 income − $1,603 expenses = $1,346 cash flow

Income$2,949Mortgage P&I$47416%Property Taxes$953%Insurance$321%Management$35412%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32411%Cash Flow$1,346

Investment Breakdown

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Purchase Price

$92,500

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,425

Downpayment

20%

$18,500

Closing costs

1%

$925

Rehab

0%

$0

Furnishing

19%

$18,000

Cashflow

Total Income

$2,949

Total Expenses

$1,603

Mortgage P&I

16%

$474

Property Taxes

3%

$95

Home Insurance

1%

$32

HOA

0%

$0

Property Management

12%

$354

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

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