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1536 N Sherman Dr, Indianapolis, IN 46201

2 beds • 1 baths • 816 sqft

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This property could be a profitable Long-Term investment with a projected 34.17% first-year return on $10,500 initial cash invested.

34.17%

Cash On Cash

14.45%

Cap Rate

2.39

DSCR

$1,020

Rent

$299

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$50,000

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$10,500

Downpayment

20%

$10,000

Closing costs

1%

$500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,020

Total Expenses

$721

Mortgage P&I

25%

$252

Property Taxes

18%

$186

Home Insurance

2%

$18

PManagement

10%

$102

CapEx

5%

$51

Vacancy

6%

$61

Maintenance

5%

$51

Other

0%

$0

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