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$2,276 (target)

1110 State Street, New Albany, IN 47150

3 beds • 2 baths • 1457 sqft

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This property could be a profitable Mid-Term investment with a projected 14.79% first-year return on $47,379 initial cash invested.

14.79%

Cash On Cash

12.2%

Cap Rate

1.9

DSCR

$2,276

Rent

$584

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,276 income − $1,692 expenses = $584 cash flow

Income$2,276Mortgage P&I$74733%Property Taxes$1266%Insurance$462%Management$27312%CapEx$914%Vacancy$683%Maintenance$914%Other$25011%Cash Flow$584

Investment Breakdown

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Purchase Price

$140k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,379

Downpayment

20%

$27,980

Closing costs

1%

$1,399

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,276

Total Expenses

$1,692

Mortgage P&I

33%

$747

Property Taxes

6%

$126

Home Insurance

2%

$46

HOA

0%

$0

Property Management

12%

$273

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$250

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