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$1,465 (target)

1104 S Main St, Mishawaka, IN 46544

3 beds • 2 baths • 1492 sqft

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This property looks like a bad Long-Term investment with a projected -11.28% first-year return on $51,723 initial cash invested.

-11.28%

Cash On Cash

4.45%

Cap Rate

0.69

DSCR

$1,465

Rent

-$486

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,465 income − $1,951 expenses = $486 out of pocket

Income$1,465Out of Pocket$486Mortgage P&I$1,32791%Property Taxes$15711%Insurance$876%Management$14610%CapEx$735%Vacancy$886%Maintenance$735%

Investment Breakdown

|

Purchase Price

$246k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,723

Downpayment

20%

$49,260

Closing costs

1%

$2,463

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,465

Total Expenses

$1,951

Mortgage P&I

91%

$1,327

Property Taxes

11%

$157

Home Insurance

6%

$87

HOA

0%

$0

Property Management

10%

$146

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

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