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$2,406 (target)

2012 S Washington St, Marion, IN 46953

3 beds • 2 baths • 2164 sqft

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This property could be a profitable Mid-Term investment with a projected 65.87% first-year return on $24,468 initial cash invested.

65.87%

Cash On Cash

62.26%

Cap Rate

10.05

DSCR

$2,406

Rent

$1,343

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,406 income − $1,063 expenses = $1,343 cash flow

Income$2,406Mortgage P&I$1597%Property Taxes$763%Insurance$10Management$28912%CapEx$964%Vacancy$723%Maintenance$964%Other$26511%Cash Flow$1,343

Investment Breakdown

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Purchase Price

$30,800

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$24,468

Downpayment

20%

$6,160

Closing costs

1%

$308

Rehab

0%

$0

Furnishing

58%

$18,000

Cashflow

Total Income

$2,406

Total Expenses

$1,063

Mortgage P&I

7%

$159

Property Taxes

3%

$76

Home Insurance

0%

$10

HOA

0%

$0

Property Management

12%

$289

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$265

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