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1123 Bissell St, South Bend, IN 46617

4 beds • 3 baths • 1880 sqft

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This property looks like a bad Long-Term investment with a projected -9.38% first-year return on $75,579 initial cash invested.

-9.38%

Cash On Cash

4.29%

Cap Rate

0.73

DSCR

$2,070

Rent

-$591

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,579

Downpayment

20%

$71,980

Closing costs

1%

$3,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,070

Total Expenses

$2,661

Mortgage P&I

86%

$1,774

Property Taxes

11%

$222

Home Insurance

6%

$126

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$104

Vacancy

6%

$124

Maintenance

5%

$104

Other

0%

$0

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