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$1,815 (target)

1128 W Cherry St, Bluffton, IN 46714

3 beds • 2 baths • 1284 sqft

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This property could be a profitable Mid-Term investment with a projected 15.04% first-year return on $41,100 initial cash invested.

15.04%

Cash On Cash

12.76%

Cap Rate

2.01

DSCR

$1,815

Rent

$515

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,815 income − $1,300 expenses = $515 cash flow

Income$1,815Mortgage P&I$58232%Property Taxes$623%Insurance$382%Management$21812%CapEx$734%Vacancy$543%Maintenance$734%Other$20011%Cash Flow$515

Investment Breakdown

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Purchase Price

$110k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,100

Downpayment

20%

$22,000

Closing costs

1%

$1,100

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$1,815

Total Expenses

$1,300

Mortgage P&I

32%

$582

Property Taxes

3%

$62

Home Insurance

2%

$38

HOA

0%

$0

Property Management

12%

$218

CapEx

4%

$73

Vacancy

3%

$54

Maintenance

4%

$73

Other

11%

$200

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