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$3,434 (target)

2515 W 57th Ave, Merrillville, IN 46410

3 beds • 2 baths • 1794 sqft

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This property could be a profitable Mid-Term investment with a projected 11.91% first-year return on $72,327 initial cash invested.

11.91%

Cash On Cash

9.95%

Cap Rate

1.66

DSCR

$3,434

Rent

$718

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,434 income − $2,716 expenses = $718 cash flow

Income$3,434Mortgage P&I$1,29138%Property Taxes$1665%Insurance$923%Management$41212%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37811%Cash Flow$718

Investment Breakdown

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Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,327

Downpayment

20%

$51,740

Closing costs

1%

$2,587

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,434

Total Expenses

$2,716

Mortgage P&I

38%

$1,291

Property Taxes

5%

$166

Home Insurance

3%

$92

HOA

0%

$0

Property Management

12%

$412

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$378

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