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$2,571 (target)

23171 Oakleaf Dr N, Elkhart, IN 46514

3 beds • 2 baths • 1356 sqft

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This property looks like a bad Mid-Term investment with a projected -1.96% first-year return on $82,512 initial cash invested.

-1.96%

Cash On Cash

5.89%

Cap Rate

0.98

DSCR

$2,571

Rent

-$135

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,571 income − $2,706 expenses = $135 out of pocket

Income$2,571Out of Pocket$135Mortgage P&I$1,53960%Property Taxes$1727%Insurance$1124%HOA$8Management$30912%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28311%

Investment Breakdown

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Purchase Price

$307k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,512

Downpayment

20%

$61,440

Closing costs

1%

$3,072

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,571

Total Expenses

$2,706

Mortgage P&I

60%

$1,539

Property Taxes

7%

$172

Home Insurance

4%

$112

HOA

0%

$8

Property Management

12%

$309

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$283

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