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$3,142 (target)

13705 Old Creek Ct, Mishawaka, IN 46545

3 beds • 3 baths • 2996 sqft

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This property looks like a bad Mid-Term investment with a projected -3.73% first-year return on $97,779 initial cash invested.

-3.73%

Cash On Cash

6.21%

Cap Rate

0.92

DSCR

$3,142

Rent

-$304

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,142 income − $3,446 expenses = $304 out of pocket

Income$3,142Out of Pocket$304Mortgage P&I$2,14468%Property Taxes$1003%Insurance$1334%Management$37712%CapEx$1264%Vacancy$943%Maintenance$1264%Other$34611%

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,779

Downpayment

20%

$75,980

Closing costs

1%

$3,799

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,142

Total Expenses

$3,446

Mortgage P&I

68%

$2,144

Property Taxes

3%

$100

Home Insurance

4%

$133

HOA

0%

$0

Property Management

12%

$377

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

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