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$3,037 (target)

11135 Michigan Pl, Crown Point, IN 46307

3 beds • 3 baths • 2282 sqft

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This property looks like a bad Long-Term investment with a projected -5.78% first-year return on $89,628 initial cash invested.

-5.78%

Cash On Cash

5.21%

Cap Rate

0.87

DSCR

$3,037

Rent

-$432

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,037 income − $3,469 expenses = $432 out of pocket

Income$3,037Out of Pocket$432Mortgage P&I$2,13470%Property Taxes$36312%Insurance$1495%HOA$331%Management$30410%CapEx$1525%Vacancy$1826%Maintenance$1525%

Investment Breakdown

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Purchase Price

$427k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,628

Downpayment

20%

$85,360

Closing costs

1%

$4,268

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,037

Total Expenses

$3,469

Mortgage P&I

70%

$2,134

Property Taxes

12%

$363

Home Insurance

5%

$149

HOA

1%

$33

Property Management

10%

$304

CapEx

5%

$152

Vacancy

6%

$182

Maintenance

5%

$152

Other

0%

$0

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