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$3,016 (target)

2444 Metzger Rd, Boonville, IN 47601

3 beds • 2 baths • 2040 sqft

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This property looks like a bad Mid-Term investment with a projected -9.5% first-year return on $131k initial cash invested.

-9.5%

Cash On Cash

3.94%

Cap Rate

0.66

DSCR

$3,016

Rent

-$1,039

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,016 income − $4,055 expenses = $1,039 out of pocket

Income$3,016Out of Pocket$1,039Mortgage P&I$2,68989%Property Taxes$1515%Insurance$1896%Management$36212%CapEx$1214%Vacancy$903%Maintenance$1214%Other$33211%

Investment Breakdown

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Purchase Price

$539k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,390

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,016

Total Expenses

$4,055

Mortgage P&I

89%

$2,689

Property Taxes

5%

$151

Home Insurance

6%

$189

HOA

0%

$0

Property Management

12%

$362

CapEx

4%

$121

Vacancy

3%

$90

Maintenance

4%

$121

Other

11%

$332

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