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1316 Ranike Dr, Anderson, IN 46012

3 beds • 2 baths • 1589 sqft

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This property might be a fair Mid-Term investment with a projected 2.18% first-year return on $63,234 initial cash invested.

2.18%

Cash On Cash

7.45%

Cap Rate

1.18

DSCR

$2,163

Rent

$115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,234

Downpayment

20%

$43,080

Closing costs

1%

$2,154

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,163

Total Expenses

$2,048

Mortgage P&I

53%

$1,136

Property Taxes

5%

$98

Home Insurance

4%

$77

HOA

0%

$0

Property Management

12%

$260

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$238

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