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$3,174 (target)

1100 Pine Meadow Drive, Salem, IN 47167

3 beds • 2 baths • 1680 sqft

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This property might be a fair Mid-Term investment with a projected 3.88% first-year return on $83,163 initial cash invested.

3.88%

Cash On Cash

7.56%

Cap Rate

1.25

DSCR

$3,174

Rent

$269

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,174 income − $2,905 expenses = $269 cash flow

Income$3,174Mortgage P&I$1,56049%Property Taxes$1565%Insurance$1103%Management$38112%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34911%Cash Flow$269

Investment Breakdown

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Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,163

Downpayment

20%

$62,060

Closing costs

1%

$3,103

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,174

Total Expenses

$2,905

Mortgage P&I

49%

$1,560

Property Taxes

5%

$156

Home Insurance

3%

$110

HOA

0%

$0

Property Management

12%

$381

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$349

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