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2409 N Moors St, Muncie, IN 47304

4 beds • 3 baths • 2192 sqft

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This property looks like a bad Long-Term investment with a projected -9.63% first-year return on $60,690 initial cash invested.

-9.63%

Cash On Cash

4.25%

Cap Rate

0.72

DSCR

$1,730

Rent

-$487

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,690

Downpayment

20%

$57,800

Closing costs

1%

$2,890

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,730

Total Expenses

$2,217

Mortgage P&I

82%

$1,425

Property Taxes

14%

$242

Home Insurance

6%

$101

HOA

0%

$0

Property Management

10%

$173

CapEx

5%

$86

Vacancy

6%

$104

Maintenance

5%

$86

Other

0%

$0

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Comparable Property

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Beds

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SQFT

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2020

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0.6 mi

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2

1

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$2,850

5

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