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$4,052 (target)

116 W Flat Rock Dr, Westfield, IN 46074

3 beds • 2 baths • 2840 sqft

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This property might be a fair Mid-Term investment with a projected 4.41% first-year return on $95,238 initial cash invested.

4.41%

Cash On Cash

7.76%

Cap Rate

1.27

DSCR

$4,052

Rent

$350

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,052 income − $3,702 expenses = $350 cash flow

Income$4,052Mortgage P&I$1,86746%Property Taxes$3268%Insurance$1313%Management$48612%CapEx$1624%Vacancy$1223%Maintenance$1624%Other$44611%Cash Flow$350

Investment Breakdown

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Purchase Price

$368k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,238

Downpayment

20%

$73,560

Closing costs

1%

$3,678

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,052

Total Expenses

$3,702

Mortgage P&I

46%

$1,867

Property Taxes

8%

$326

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$486

CapEx

4%

$162

Vacancy

3%

$122

Maintenance

4%

$162

Other

11%

$446

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