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2737 S Smithfield Ct, La Porte, IN 46350

3 beds • 5 baths • 4234 sqft

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This property looks like a bad Mid-Term investment with a projected -1.41% first-year return on $138k initial cash invested.

-1.41%

Cash On Cash

5.87%

Cap Rate

1.01

DSCR

$4,638

Rent

-$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$572k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,715

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,638

Total Expenses

$4,800

Mortgage P&I

60%

$2,773

Property Taxes

5%

$239

Home Insurance

5%

$210

HOA

0%

$0

Property Management

12%

$557

CapEx

4%

$186

Vacancy

3%

$139

Maintenance

4%

$186

Other

11%

$510

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