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$3,042 (target)

250 Prairie St, Lowell, IN 46356

3 beds • 2 baths • 2176 sqft

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This property might be a fair Mid-Term investment with a projected 4.07% first-year return on $77,829 initial cash invested.

4.07%

Cash On Cash

7.83%

Cap Rate

1.26

DSCR

$3,042

Rent

$264

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,042 income − $2,778 expenses = $264 cash flow

Income$3,042Mortgage P&I$1,47348%Property Taxes$1706%Insurance$1003%Management$36512%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33511%Cash Flow$264

Investment Breakdown

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Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,829

Downpayment

20%

$56,980

Closing costs

1%

$2,849

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,042

Total Expenses

$2,778

Mortgage P&I

48%

$1,473

Property Taxes

6%

$170

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$365

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$335

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