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$3,789 (target)

2107 S Airport Rd, Monticello, IN 47960

3 beds • 5 baths • 3403 sqft

$1,118,000

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This property looks like a bad Mid-Term investment with a projected -18.64% first-year return on $253k initial cash invested.

-18.64%

Cash On Cash

2.05%

Cap Rate

0.34

DSCR

$3,789

Rent

-$3,926

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,789 income − $7,715 expenses = $3,926 out of pocket

Income$3,789Out of Pocket$3,926Mortgage P&I$5,683150%Property Taxes$3228%Insurance$42011%Management$45512%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41711%

Investment Breakdown

|

Purchase Price

$1118k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$253k

Downpayment

20%

$224k

Closing costs

1%

$11,180

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,789

Total Expenses

$7,715

Mortgage P&I

150%

$5,683

Property Taxes

9%

$322

Home Insurance

11%

$420

HOA

0%

$0

Property Management

12%

$455

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$417

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