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$1,741 (target)

132 Hendricks St, Michigan City, IN 46360

3 beds • 2 baths • 1816 sqft

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This property could be a profitable Long-Term investment with a projected 22.31% first-year return on $26,250 initial cash invested.

22.31%

Cash On Cash

11.8%

Cap Rate

1.88

DSCR

$1,741

Rent

$488

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,741 income − $1,253 expenses = $488 cash flow

Income$1,741Mortgage P&I$65438%Property Taxes$1036%Insurance$443%Management$17410%CapEx$875%Vacancy$1046%Maintenance$875%Cash Flow$488

Investment Breakdown

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Purchase Price

$125k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,250

Downpayment

20%

$25,000

Closing costs

1%

$1,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,741

Total Expenses

$1,253

Mortgage P&I

38%

$654

Property Taxes

6%

$103

Home Insurance

3%

$44

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

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