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$3,387 (target)

13971 Meadow Lake Dr, Fishers, IN 46038

3 beds • 3 baths • 2399 sqft

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This property looks like a bad Mid-Term investment with a projected -1.62% first-year return on $97,590 initial cash invested.

-1.62%

Cash On Cash

6.16%

Cap Rate

1

DSCR

$3,387

Rent

-$132

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,387 income − $3,519 expenses = $132 out of pocket

Income$3,387Out of Pocket$132Mortgage P&I$1,94157%Property Taxes$2507%Insurance$1334%HOA$441%Management$40612%CapEx$1354%Vacancy$1023%Maintenance$1354%Other$37311%

Investment Breakdown

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Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,590

Downpayment

20%

$75,800

Closing costs

1%

$3,790

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,387

Total Expenses

$3,519

Mortgage P&I

57%

$1,941

Property Taxes

7%

$250

Home Insurance

4%

$133

HOA

1%

$44

Property Management

12%

$406

CapEx

4%

$135

Vacancy

3%

$102

Maintenance

4%

$135

Other

11%

$373

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