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$1,834 (target)

1215 S Jefferson St, Muncie, IN 47302

3 beds • 2 baths • 1216 sqft

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This property could be a profitable Mid-Term investment with a projected 16.4% first-year return on $38,559 initial cash invested.

16.4%

Cash On Cash

13.52%

Cap Rate

2.19

DSCR

$1,834

Rent

$527

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,834 income − $1,307 expenses = $527 cash flow

Income$1,834Mortgage P&I$50327%Property Taxes$1468%Insurance$352%Management$22012%CapEx$734%Vacancy$553%Maintenance$734%Other$20211%Cash Flow$527

Investment Breakdown

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Purchase Price

$97,900

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,559

Downpayment

20%

$19,580

Closing costs

1%

$979

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$1,834

Total Expenses

$1,307

Mortgage P&I

27%

$503

Property Taxes

8%

$146

Home Insurance

2%

$35

HOA

0%

$0

Property Management

12%

$220

CapEx

4%

$73

Vacancy

3%

$55

Maintenance

4%

$73

Other

11%

$202

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