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$2,610 (target)

205 Georgian Ln, Logansport, IN 46947

3 beds • 2 baths • 1406 sqft

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This property might be a fair Mid-Term investment with a projected 2.32% first-year return on $65,229 initial cash invested.

2.32%

Cash On Cash

7.71%

Cap Rate

1.19

DSCR

$2,610

Rent

$126

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,610 income − $2,484 expenses = $126 cash flow

Income$2,610Mortgage P&I$1,21547%Property Taxes$30412%Insurance$793%Management$31312%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28711%Cash Flow$126

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,610

Total Expenses

$2,484

Mortgage P&I

47%

$1,215

Property Taxes

12%

$304

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$313

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$287

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