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$2,462 (target)

2468 Johnson St, Gary, IN 46407

3 beds • 2 baths • 2482 sqft

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This property could be a profitable Mid-Term investment with a projected 52.5% first-year return on $29,529 initial cash invested.

52.5%

Cash On Cash

36.48%

Cap Rate

5.98

DSCR

$2,462

Rent

$1,292

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,462 income − $1,170 expenses = $1,292 cash flow

Income$2,462Mortgage P&I$27911%Property Taxes$361%Insurance$191%Management$29512%CapEx$984%Vacancy$743%Maintenance$984%Other$27111%Cash Flow$1,292

Investment Breakdown

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Purchase Price

$54,900

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,529

Downpayment

20%

$10,980

Closing costs

1%

$549

Rehab

0%

$0

Furnishing

33%

$18,000

Cashflow

Total Income

$2,462

Total Expenses

$1,170

Mortgage P&I

11%

$279

Property Taxes

1%

$36

Home Insurance

1%

$19

HOA

0%

$0

Property Management

12%

$295

CapEx

4%

$98

Vacancy

3%

$74

Maintenance

4%

$98

Other

11%

$271

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