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2109 Wood Avenue, New Albany, IN 47150

3 beds • 2 baths • 1235 sqft

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This property looks like a bad Long-Term investment with a projected -3.91% first-year return on $40,845 initial cash invested.

-3.91%

Cash On Cash

5.93%

Cap Rate

0.95

DSCR

$1,598

Rent

-$133

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$195k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,845

Downpayment

20%

$38,900

Closing costs

1%

$1,945

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,598

Total Expenses

$1,731

Mortgage P&I

63%

$1,014

Property Taxes

14%

$231

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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