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$1,942 (target)

1524 S Main St, Kokomo, IN 46902

3 beds • 2 baths • 1176 sqft

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This property might be a fair Mid-Term investment with a projected 7.53% first-year return on $50,991 initial cash invested.

7.53%

Cash On Cash

9.35%

Cap Rate

1.48

DSCR

$1,942

Rent

$320

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,942 income − $1,622 expenses = $320 cash flow

Income$1,942Mortgage P&I$82643%Property Taxes$915%Insurance$442%Management$23312%CapEx$784%Vacancy$583%Maintenance$784%Other$21411%Cash Flow$320

Investment Breakdown

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Purchase Price

$157k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,991

Downpayment

20%

$31,420

Closing costs

1%

$1,571

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,942

Total Expenses

$1,622

Mortgage P&I

43%

$826

Property Taxes

5%

$91

Home Insurance

2%

$44

HOA

0%

$0

Property Management

12%

$233

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$214

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