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126 S Ironwood Dr, South Bend, IN 46615

3 beds • 1 baths • 1412 sqft

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This property might be a fair Mid-Term investment with a projected 3.77% first-year return on $62,310 initial cash invested.

3.77%

Cash On Cash

8.09%

Cap Rate

1.25

DSCR

$2,190

Rent

$196

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$211k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,310

Downpayment

20%

$42,200

Closing costs

1%

$2,110

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,190

Total Expenses

$1,994

Mortgage P&I

52%

$1,139

Property Taxes

2%

$34

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$263

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$241

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