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$3,788 (target)

1902 Burgundy St, Schererville, IN 46375

3 beds • 3 baths • 1700 sqft

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This property could be a profitable Mid-Term investment with a projected 11.2% first-year return on $71,676 initial cash invested.

11.2%

Cash On Cash

9.85%

Cap Rate

1.64

DSCR

$3,788

Rent

$669

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,788 income − $3,119 expenses = $669 cash flow

Income$3,788Mortgage P&I$1,27834%Property Taxes$1604%Insurance$912%HOA$3008%Management$45512%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41711%Cash Flow$669

Investment Breakdown

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Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,676

Downpayment

20%

$51,120

Closing costs

1%

$2,556

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,788

Total Expenses

$3,119

Mortgage P&I

34%

$1,278

Property Taxes

4%

$160

Home Insurance

2%

$91

HOA

8%

$300

Property Management

12%

$455

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$417

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