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$4,569 (target)

20034 Cowie Ln, Westfield, IN 46074

3 beds • 3 baths • 2721 sqft

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This property looks like a bad Mid-Term investment with a projected -3.46% first-year return on $123k initial cash invested.

-3.46%

Cash On Cash

5.58%

Cap Rate

0.93

DSCR

$4,569

Rent

-$356

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,569 income − $4,925 expenses = $356 out of pocket

Income$4,569Out of Pocket$356Mortgage P&I$2,50655%Property Taxes$3888%Insurance$1784%HOA$2997%Management$54812%CapEx$1834%Vacancy$1373%Maintenance$1834%Other$50311%

Investment Breakdown

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Purchase Price

$502k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$100k

Closing costs

1%

$5,017

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,569

Total Expenses

$4,925

Mortgage P&I

55%

$2,506

Property Taxes

8%

$388

Home Insurance

4%

$178

HOA

7%

$299

Property Management

12%

$548

CapEx

4%

$183

Vacancy

3%

$137

Maintenance

4%

$183

Other

11%

$503

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