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$4,227 (target)

15669 Hearthstone Dr, Mishawaka, IN 46545

3 beds • 3 baths • 3354 sqft

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This property might be a fair Mid-Term investment with a projected 9.03% first-year return on $90,471 initial cash invested.

9.03%

Cash On Cash

9.16%

Cap Rate

1.48

DSCR

$4,227

Rent

$681

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,227 income − $3,546 expenses = $681 cash flow

Income$4,227Mortgage P&I$1,78542%Property Taxes$2025%Insurance$1223%Management$50712%CapEx$1694%Vacancy$1273%Maintenance$1694%Other$46511%Cash Flow$681

Investment Breakdown

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Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,471

Downpayment

20%

$69,020

Closing costs

1%

$3,451

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,227

Total Expenses

$3,546

Mortgage P&I

42%

$1,785

Property Taxes

5%

$202

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$507

CapEx

4%

$169

Vacancy

3%

$127

Maintenance

4%

$169

Other

11%

$465

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