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$2,289 (target)

1703 McKibben St, Wabash, IN 46992

3 beds • 2 baths • 2200 sqft

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This property looks like a bad Mid-Term investment with a projected -12.04% first-year return on $115k initial cash invested.

-12.04%

Cash On Cash

3.23%

Cap Rate

0.54

DSCR

$2,289

Rent

-$1,150

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,289 income − $3,439 expenses = $1,150 out of pocket

Income$2,289Out of Pocket$1,150Mortgage P&I$2,296100%Property Taxes$2029%Insurance$1617%Management$27512%CapEx$924%Vacancy$693%Maintenance$924%Other$25211%

Investment Breakdown

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Purchase Price

$460k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,000

Closing costs

1%

$4,600

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,289

Total Expenses

$3,439

Mortgage P&I

100%

$2,296

Property Taxes

9%

$202

Home Insurance

7%

$161

HOA

0%

$0

Property Management

12%

$275

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$252

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