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$2,457 (target)

1681 S Lockenour Lane, Salem, IN 47167

3 beds • 2 baths • 1344 sqft

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This property could be a profitable Mid-Term investment with a projected 10.09% first-year return on $56,829 initial cash invested.

10.09%

Cash On Cash

10.29%

Cap Rate

1.57

DSCR

$2,457

Rent

$478

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,457 income − $1,979 expenses = $478 cash flow

Income$2,457Mortgage P&I$1,00941%Property Taxes$693%Insurance$663%Management$29512%CapEx$984%Vacancy$743%Maintenance$984%Other$27011%Cash Flow$478

Investment Breakdown

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Purchase Price

$185k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,829

Downpayment

20%

$36,980

Closing costs

1%

$1,849

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,457

Total Expenses

$1,979

Mortgage P&I

41%

$1,009

Property Taxes

3%

$69

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$295

CapEx

4%

$98

Vacancy

3%

$74

Maintenance

4%

$98

Other

11%

$270

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