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$2,286 (target)

112 Blaine St, Michigan City, IN 46360

3 beds • 2 baths • 1419 sqft

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This property looks like a bad Mid-Term investment with a projected -13.19% first-year return on $117k initial cash invested.

-13.19%

Cash On Cash

3.27%

Cap Rate

0.52

DSCR

$2,286

Rent

-$1,283

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,286 income − $3,569 expenses = $1,283 out of pocket

Income$2,286Out of Pocket$1,283Mortgage P&I$2,472108%Property Taxes$1577%Insurance$1647%Management$27412%CapEx$914%Vacancy$693%Maintenance$914%Other$25111%

Investment Breakdown

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Purchase Price

$470k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,000

Closing costs

1%

$4,700

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,286

Total Expenses

$3,569

Mortgage P&I

108%

$2,472

Property Taxes

7%

$157

Home Insurance

7%

$164

HOA

0%

$0

Property Management

12%

$274

CapEx

4%

$91

Vacancy

3%

$69

Maintenance

4%

$91

Other

11%

$251

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