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$4,245 (target)

18441 Somerville Ct, Evansville, IN 47725

3 beds • 3 baths • 2820 sqft

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This property looks like a bad Mid-Term investment with a projected -8.61% first-year return on $145k initial cash invested.

-8.61%

Cash On Cash

4.37%

Cap Rate

0.72

DSCR

$4,245

Rent

-$1,044

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,245 income − $5,289 expenses = $1,044 out of pocket

Income$4,245Out of Pocket$1,044Mortgage P&I$3,08273%Property Taxes$50212%Insurance$2125%HOA$501%Management$50912%CapEx$1704%Vacancy$1273%Maintenance$1704%Other$46711%

Investment Breakdown

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Purchase Price

$607k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$145k

Downpayment

20%

$121k

Closing costs

1%

$6,069

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,245

Total Expenses

$5,289

Mortgage P&I

73%

$3,082

Property Taxes

12%

$502

Home Insurance

5%

$212

HOA

1%

$50

Property Management

12%

$509

CapEx

4%

$170

Vacancy

3%

$127

Maintenance

4%

$170

Other

11%

$467

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