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$2,972 (target)

1615 E East Lake Dr, Sullivan, IN 47882

3 beds • 3 baths • 2082 sqft

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This property might be a fair Mid-Term investment with a projected 0.4% first-year return on $87,783 initial cash invested.

0.4%

Cash On Cash

6.72%

Cap Rate

1.09

DSCR

$2,972

Rent

$29

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,972 income − $2,943 expenses = $29 cash flow

Income$2,972Mortgage P&I$1,71258%Property Taxes$993%Insurance$1214%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32711%Cash Flow$29

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,783

Downpayment

20%

$66,460

Closing costs

1%

$3,323

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,972

Total Expenses

$2,943

Mortgage P&I

58%

$1,712

Property Taxes

3%

$99

Home Insurance

4%

$121

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$327

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