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2604 Normandy Dr, Mishawaka, IN 46545

3 beds • 2 baths • 1198 sqft

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This property might be a fair Long-Term investment with a projected 1.55% first-year return on $36,477 initial cash invested.

1.55%

Cash On Cash

7.23%

Cap Rate

1.14

DSCR

$1,694

Rent

$47

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$174k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,477

Downpayment

20%

$34,740

Closing costs

1%

$1,737

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,694

Total Expenses

$1,647

Mortgage P&I

54%

$915

Property Taxes

14%

$231

Home Insurance

4%

$60

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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