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$3,369 (target)

1525 Leonard St, Indianapolis, IN 46203

3 beds • 2 baths • 2526 sqft

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This property might be a fair Mid-Term investment with a projected 4.42% first-year return on $77,430 initial cash invested.

4.42%

Cash On Cash

7.89%

Cap Rate

1.29

DSCR

$3,369

Rent

$285

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,369 income − $3,084 expenses = $285 cash flow

Income$3,369Mortgage P&I$1,44043%Property Taxes$39412%Insurance$1043%Management$40412%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37111%Cash Flow$285

Investment Breakdown

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Purchase Price

$283k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,430

Downpayment

20%

$56,600

Closing costs

1%

$2,830

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,369

Total Expenses

$3,084

Mortgage P&I

43%

$1,440

Property Taxes

12%

$394

Home Insurance

3%

$104

HOA

0%

$0

Property Management

12%

$404

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$371

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