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$1,966 (target)

110 15th St, Logansport, IN 46947

3 beds • 3 baths • 1994 sqft

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This property could be a profitable Long-Term investment with a projected 52.76% first-year return on $19,425 initial cash invested.

52.76%

Cash On Cash

18.5%

Cap Rate

3.01

DSCR

$1,966

Rent

$854

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,966 income − $1,112 expenses = $854 cash flow

Income$1,966Mortgage P&I$47424%Property Taxes$955%Insurance$322%Management$19710%CapEx$985%Vacancy$1186%Maintenance$985%Cash Flow$854

Investment Breakdown

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Purchase Price

$92,500

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$19,425

Downpayment

20%

$18,500

Closing costs

1%

$925

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,966

Total Expenses

$1,112

Mortgage P&I

24%

$474

Property Taxes

5%

$95

Home Insurance

2%

$32

HOA

0%

$0

Property Management

10%

$197

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

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