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$1,641 (target)

2468 Johnson St, Gary, IN 46407

3 beds • 2 baths • 2482 sqft

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This property could be a profitable Long-Term investment with a projected 91.7% first-year return on $11,529 initial cash invested.

91.7%

Cash On Cash

27.15%

Cap Rate

4.45

DSCR

$1,641

Rent

$881

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,641 income − $760 expenses = $881 cash flow

Income$1,641Mortgage P&I$27917%Property Taxes$362%Insurance$191%Management$16410%CapEx$825%Vacancy$986%Maintenance$825%Cash Flow$881

Investment Breakdown

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Purchase Price

$54,900

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$11,529

Downpayment

20%

$10,980

Closing costs

1%

$549

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,641

Total Expenses

$760

Mortgage P&I

17%

$279

Property Taxes

2%

$36

Home Insurance

1%

$19

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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