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$2,900 (target)

1542 E Edwards Ave, Indianapolis, IN 46227

3 beds • 2 baths • 2484 sqft

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This property might be a fair Mid-Term investment with a projected 1.84% first-year return on $67,791 initial cash invested.

1.84%

Cash On Cash

7.56%

Cap Rate

1.17

DSCR

$2,900

Rent

$104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,900 income − $2,796 expenses = $104 cash flow

Income$2,900Mortgage P&I$1,27444%Property Taxes$45116%Insurance$853%Management$34812%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31911%Cash Flow$104

Investment Breakdown

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Purchase Price

$237k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,791

Downpayment

20%

$47,420

Closing costs

1%

$2,371

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,900

Total Expenses

$2,796

Mortgage P&I

44%

$1,274

Property Taxes

16%

$451

Home Insurance

3%

$85

HOA

0%

$0

Property Management

12%

$348

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$319

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