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$1,840 (target)

11117 La Fortuna Way, Roanoke, IN 46783

3 beds • 2 baths • 1534 sqft

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This property looks like a bad Long-Term investment with a projected -7.98% first-year return on $54,579 initial cash invested.

-7.98%

Cash On Cash

4.82%

Cap Rate

0.79

DSCR

$1,840

Rent

-$363

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,840 income − $2,203 expenses = $363 out of pocket

Income$1,840Out of Pocket$363Mortgage P&I$1,31471%Property Taxes$30116%Insurance$915%HOA$191%Management$18410%CapEx$925%Vacancy$1106%Maintenance$925%

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,840

Total Expenses

$2,203

Mortgage P&I

71%

$1,314

Property Taxes

16%

$301

Home Insurance

5%

$91

HOA

1%

$19

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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