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$2,524 (target)

1565 Wallace St, Gary, IN 46404

3 beds • 2 baths • 2497 sqft

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This property could be a profitable Mid-Term investment with a projected 24.95% first-year return on $39,000 initial cash invested.

24.95%

Cash On Cash

17.72%

Cap Rate

2.61

DSCR

$2,524

Rent

$811

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,524 income − $1,713 expenses = $811 cash flow

Income$2,524Mortgage P&I$56522%Property Taxes$25410%Insurance$351%Management$30312%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27811%Cash Flow$811

Investment Breakdown

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Purchase Price

$100,000

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,000

Downpayment

20%

$20,000

Closing costs

1%

$1,000

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$2,524

Total Expenses

$1,713

Mortgage P&I

22%

$565

Property Taxes

10%

$254

Home Insurance

1%

$35

HOA

0%

$0

Property Management

12%

$303

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$278

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