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$3,094 (target)

1702 Waynedale Dr, Garrett, IN 46738

3 beds • 2 baths • 1743 sqft

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This property looks like a bad Mid-Term investment with a projected -1.84% first-year return on $91,500 initial cash invested.

-1.84%

Cash On Cash

6.15%

Cap Rate

0.99

DSCR

$3,094

Rent

-$140

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,094 income − $3,234 expenses = $140 out of pocket

Income$3,094Out of Pocket$140Mortgage P&I$1,81059%Property Taxes$2358%Insurance$1224%HOA$15Management$37112%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34011%

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,094

Total Expenses

$3,234

Mortgage P&I

59%

$1,810

Property Taxes

8%

$235

Home Insurance

4%

$122

HOA

0%

$15

Property Management

12%

$371

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$340

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