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$4,556 (target)

11135 Michigan Pl, Crown Point, IN 46307

3 beds • 3 baths • 2282 sqft

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This property might be a fair Mid-Term investment with a projected 3.66% first-year return on $108k initial cash invested.

3.66%

Cash On Cash

7.43%

Cap Rate

1.24

DSCR

$4,556

Rent

$328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,556 income − $4,228 expenses = $328 cash flow

Income$4,556Mortgage P&I$2,13447%Property Taxes$3638%Insurance$1493%HOA$331%Management$54712%CapEx$1824%Vacancy$1373%Maintenance$1824%Other$50111%Cash Flow$328

Investment Breakdown

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Purchase Price

$427k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,360

Closing costs

1%

$4,268

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,556

Total Expenses

$4,228

Mortgage P&I

47%

$2,134

Property Taxes

8%

$363

Home Insurance

3%

$149

HOA

1%

$33

Property Management

12%

$547

CapEx

4%

$182

Vacancy

3%

$137

Maintenance

4%

$182

Other

11%

$501

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