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$2,352 (target)

1738 E Bowman St, South Bend, IN 46613

3 beds • 2 baths • 1152 sqft

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This property might be a fair Mid-Term investment with a projected 7.06% first-year return on $56,913 initial cash invested.

7.06%

Cash On Cash

9.14%

Cap Rate

1.44

DSCR

$2,352

Rent

$335

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,352 income − $2,017 expenses = $335 cash flow

Income$2,352Mortgage P&I$98342%Property Taxes$1687%Insurance$663%Management$28212%CapEx$944%Vacancy$713%Maintenance$944%Other$25911%Cash Flow$335

Investment Breakdown

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Purchase Price

$185k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,913

Downpayment

20%

$37,060

Closing costs

1%

$1,853

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,352

Total Expenses

$2,017

Mortgage P&I

42%

$983

Property Taxes

7%

$168

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$282

CapEx

4%

$94

Vacancy

3%

$71

Maintenance

4%

$94

Other

11%

$259

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