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$4,594 (target)

11624 W Briarwood Dr, Monticello, IN 47960

3 beds • 3 baths • 3525 sqft

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This property might be a fair Mid-Term investment with a projected 2.35% first-year return on $121k initial cash invested.

2.35%

Cash On Cash

7.04%

Cap Rate

1.17

DSCR

$4,594

Rent

$236

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,594 income − $4,358 expenses = $236 cash flow

Income$4,594Mortgage P&I$2,44953%Property Taxes$1614%Insurance$1784%HOA$8Management$55112%CapEx$1844%Vacancy$1383%Maintenance$1844%Other$50511%Cash Flow$236

Investment Breakdown

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Purchase Price

$489k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$97,760

Closing costs

1%

$4,888

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,594

Total Expenses

$4,358

Mortgage P&I

53%

$2,449

Property Taxes

4%

$161

Home Insurance

4%

$178

HOA

0%

$8

Property Management

12%

$551

CapEx

4%

$184

Vacancy

3%

$138

Maintenance

4%

$184

Other

11%

$505

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