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$1,350 (target)

1217 W 3rd St, Anderson, IN 46016

3 beds • 2 baths • 1285 sqft

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This property looks like a bad Mid-Term investment with a projected -1.94% first-year return on $49,479 initial cash invested.

-1.94%

Cash On Cash

6.16%

Cap Rate

0.97

DSCR

$1,350

Rent

-$80

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,350 income − $1,430 expenses = $80 out of pocket

Income$1,350Out of Pocket$80Mortgage P&I$79559%Property Taxes$1259%Insurance$524%Management$16212%CapEx$544%Vacancy$403%Maintenance$544%Other$14811%

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,350

Total Expenses

$1,430

Mortgage P&I

59%

$795

Property Taxes

9%

$125

Home Insurance

4%

$52

HOA

0%

$0

Property Management

12%

$162

CapEx

4%

$54

Vacancy

3%

$40

Maintenance

4%

$54

Other

11%

$148

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