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$1,837 (target)

1607 S Main St, Mishawaka, IN 46544

3 beds • 2 baths • 1842 sqft

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This property looks like a bad Long-Term investment with a projected -12.57% first-year return on $80,850 initial cash invested.

-12.57%

Cash On Cash

3.69%

Cap Rate

0.61

DSCR

$1,837

Rent

-$847

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,837 income − $2,684 expenses = $847 out of pocket

Income$1,837Out of Pocket$847Mortgage P&I$1,939106%Property Taxes$1327%Insurance$1357%Management$18410%CapEx$925%Vacancy$1106%Maintenance$925%

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,850

Downpayment

20%

$77,000

Closing costs

1%

$3,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,837

Total Expenses

$2,684

Mortgage P&I

106%

$1,939

Property Taxes

7%

$132

Home Insurance

7%

$135

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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