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$7,630 (target)

1501 Wilderness Dr, Schererville, IN 46375

3 beds • 5 baths • 5996 sqft

$1,100,000

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This property looks like a bad Mid-Term investment with a projected -11.19% first-year return on $249k initial cash invested.

-11.19%

Cash On Cash

3.89%

Cap Rate

0.64

DSCR

$7,630

Rent

-$2,321

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,630 income − $9,951 expenses = $2,321 out of pocket

Income$7,630Out of Pocket$2,321Mortgage P&I$5,58073%Property Taxes$1,20016%Insurance$3855%HOA$1923%Management$91612%CapEx$3054%Vacancy$2293%Maintenance$3054%Other$83911%

Investment Breakdown

|

Purchase Price

$1100k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$249k

Downpayment

20%

$220k

Closing costs

1%

$11,000

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,630

Total Expenses

$9,951

Mortgage P&I

73%

$5,580

Property Taxes

16%

$1,200

Home Insurance

5%

$385

HOA

3%

$192

Property Management

12%

$916

CapEx

4%

$305

Vacancy

3%

$229

Maintenance

4%

$305

Other

11%

$839

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