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$3,102 (target)

234 W La Salle Ave, Mishawaka, IN 46545

3 beds • 3 baths • 2172 sqft

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This property might be a fair Mid-Term investment with a projected 4.87% first-year return on $80,790 initial cash invested.

4.87%

Cash On Cash

8.01%

Cap Rate

1.29

DSCR

$3,102

Rent

$328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,102 income − $2,774 expenses = $328 cash flow

Income$3,102Mortgage P&I$1,54350%Property Taxes$722%Insurance$1053%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%Cash Flow$328

Investment Breakdown

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Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,790

Downpayment

20%

$59,800

Closing costs

1%

$2,990

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,102

Total Expenses

$2,774

Mortgage P&I

50%

$1,543

Property Taxes

2%

$72

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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