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1316 Ranike Dr, Anderson, IN 46012

3 beds • 2 baths • 1589 sqft

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This property looks like a bad Long-Term investment with a projected -6.47% first-year return on $45,234 initial cash invested.

-6.47%

Cash On Cash

5.37%

Cap Rate

0.85

DSCR

$1,442

Rent

-$244

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

$45,234

Downpayment

20%

$43,080

Closing costs

1%

$2,154

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,442

Total Expenses

$1,686

Mortgage P&I

79%

$1,136

Property Taxes

7%

$98

Home Insurance

5%

$77

HOA

0%

$0

Property Management

10%

$144

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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