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27320 Nelson Ave, Elkhart, IN 46517

3 beds • 2 baths • 2520 sqft

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This property looks like a bad Long-Term investment with a projected -4.82% first-year return on $55,776 initial cash invested.

-4.82%

Cash On Cash

5.74%

Cap Rate

0.91

DSCR

$1,884

Rent

-$224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$266k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,776

Downpayment

20%

$53,120

Closing costs

1%

$2,656

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,884

Total Expenses

$2,108

Mortgage P&I

74%

$1,401

Property Taxes

7%

$132

Home Insurance

5%

$86

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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