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200 E Columbia St, Evansville, IN 47711

3 beds • 2 baths • 3080 sqft

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This property looks like a bad Mid-Term investment with a projected -9% first-year return on $62,520 initial cash invested.

-9%

Cash On Cash

3.85%

Cap Rate

0.62

DSCR

$1,132

Rent

-$469

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$212k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,520

Downpayment

20%

$42,400

Closing costs

1%

$2,120

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,132

Total Expenses

$1,601

Mortgage P&I

98%

$1,105

Property Taxes

3%

$37

Home Insurance

7%

$74

HOA

0%

$0

Property Management

12%

$136

CapEx

4%

$45

Vacancy

3%

$34

Maintenance

4%

$45

Other

11%

$125

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