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2724 Hillview Drive, New Albany, IN 47150

3 beds • 2 baths • 1098 sqft

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This property might be a fair Mid-Term investment with a projected 5.27% first-year return on $61,890 initial cash invested.

5.27%

Cash On Cash

8.43%

Cap Rate

1.33

DSCR

$2,346

Rent

$272

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$209k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,890

Downpayment

20%

$41,800

Closing costs

1%

$2,090

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,346

Total Expenses

$2,074

Mortgage P&I

47%

$1,103

Property Taxes

4%

$98

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$282

CapEx

4%

$94

Vacancy

3%

$70

Maintenance

4%

$94

Other

11%

$258

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