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$2,736 (target)

1222 W Franklin St, Elkhart, IN 46516

3 beds • 2 baths • 1490 sqft

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This property could be a profitable Mid-Term investment with a projected 11.52% first-year return on $62,079 initial cash invested.

11.52%

Cash On Cash

10.4%

Cap Rate

1.63

DSCR

$2,736

Rent

$596

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,736 income − $2,140 expenses = $596 cash flow

Income$2,736Mortgage P&I$1,11541%Property Taxes$221%Insurance$743%Management$32812%CapEx$1094%Vacancy$823%Maintenance$1094%Other$30111%Cash Flow$596

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,079

Downpayment

20%

$41,980

Closing costs

1%

$2,099

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,736

Total Expenses

$2,140

Mortgage P&I

41%

$1,115

Property Taxes

1%

$22

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$328

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$301

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