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$5,516 (target)

214 Farmwood Ln, La Porte, IN 46350

3 beds • 3 baths • 2913 sqft

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This property might be a fair Mid-Term investment with a projected 4.19% first-year return on $121k initial cash invested.

4.19%

Cash On Cash

8.35%

Cap Rate

1.23

DSCR

$5,516

Rent

$422

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,516 income − $5,094 expenses = $422 cash flow

Income$5,516Mortgage P&I$2,76550%Property Taxes$2815%Insurance$1723%Management$66212%CapEx$2214%Vacancy$1653%Maintenance$2214%Other$60711%Cash Flow$422

Investment Breakdown

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Purchase Price

$490k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,000

Closing costs

1%

$4,900

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,516

Total Expenses

$5,094

Mortgage P&I

50%

$2,765

Property Taxes

5%

$281

Home Insurance

3%

$172

HOA

0%

$0

Property Management

12%

$662

CapEx

4%

$221

Vacancy

3%

$165

Maintenance

4%

$221

Other

11%

$607

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