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$3,614 (target)

1429 El Reno St, Elkhart, IN 46516

3 beds • 4 baths • 3463 sqft

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This property might be a fair Mid-Term investment with a projected 8.75% first-year return on $78,690 initial cash invested.

8.75%

Cash On Cash

9.18%

Cap Rate

1.48

DSCR

$3,614

Rent

$574

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,614 income − $3,040 expenses = $574 cash flow

Income$3,614Mortgage P&I$1,49241%Property Taxes$2176%Insurance$1013%Management$43412%CapEx$1454%Vacancy$1083%Maintenance$1454%Other$39811%Cash Flow$574

Investment Breakdown

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Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,690

Downpayment

20%

$57,800

Closing costs

1%

$2,890

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,614

Total Expenses

$3,040

Mortgage P&I

41%

$1,492

Property Taxes

6%

$217

Home Insurance

3%

$101

HOA

0%

$0

Property Management

12%

$434

CapEx

4%

$145

Vacancy

3%

$108

Maintenance

4%

$145

Other

11%

$398

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