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$2,464 (target)

1837 E Oak Street, New Albany, IN 47150

3 beds • 2 baths • 1746 sqft

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This property looks like a bad Mid-Term investment with a projected -2.57% first-year return on $81,105 initial cash invested.

-2.57%

Cash On Cash

5.85%

Cap Rate

0.95

DSCR

$2,464

Rent

-$174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,464 income − $2,638 expenses = $174 out of pocket

Income$2,464Out of Pocket$174Mortgage P&I$1,53962%Property Taxes$1506%Insurance$1104%Management$29612%CapEx$994%Vacancy$743%Maintenance$994%Other$27111%

Investment Breakdown

|

Purchase Price

$301k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,105

Downpayment

20%

$60,100

Closing costs

1%

$3,005

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,464

Total Expenses

$2,638

Mortgage P&I

62%

$1,539

Property Taxes

6%

$150

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$296

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$271

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