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$3,345 (target)

15519 Colfax St, Lowell, IN 46356

3 beds • 2 baths • 1695 sqft

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This property might be a fair Mid-Term investment with a projected 2.16% first-year return on $87,678 initial cash invested.

2.16%

Cash On Cash

7.22%

Cap Rate

1.17

DSCR

$3,345

Rent

$158

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,345 income − $3,187 expenses = $158 cash flow

Income$3,345Mortgage P&I$1,70451%Property Taxes$1896%Insurance$1384%HOA$191%Management$40112%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36811%Cash Flow$158

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,678

Downpayment

20%

$66,360

Closing costs

1%

$3,318

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,345

Total Expenses

$3,187

Mortgage P&I

51%

$1,704

Property Taxes

6%

$189

Home Insurance

4%

$138

HOA

1%

$19

Property Management

12%

$401

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$368

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