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$3,024 (target)

2548 Wicker Ave, Highland, IN 46322

3 beds • 2 baths • 2158 sqft

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This property looks like a bad Mid-Term investment with a projected -1.56% first-year return on $89,736 initial cash invested.

-1.56%

Cash On Cash

6.02%

Cap Rate

1

DSCR

$3,024

Rent

-$117

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,024 income − $3,141 expenses = $117 out of pocket

Income$3,024Out of Pocket$117Mortgage P&I$1,71157%Property Taxes$2799%Insurance$1224%Management$36312%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33311%

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,736

Downpayment

20%

$68,320

Closing costs

1%

$3,416

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,024

Total Expenses

$3,141

Mortgage P&I

57%

$1,711

Property Taxes

9%

$279

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$333

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