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$3,039 (target)

27407 Cobblestone Way, Elkhart, IN 46514

3 beds • 2 baths • 1646 sqft

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This property might be a fair Mid-Term investment with a projected 4.71% first-year return on $77,640 initial cash invested.

4.71%

Cash On Cash

8%

Cap Rate

1.29

DSCR

$3,039

Rent

$305

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,039 income − $2,734 expenses = $305 cash flow

Income$3,039Mortgage P&I$1,46648%Property Taxes$1344%Insurance$1003%Management$36512%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33411%Cash Flow$305

Investment Breakdown

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Purchase Price

$284k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,640

Downpayment

20%

$56,800

Closing costs

1%

$2,840

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,039

Total Expenses

$2,734

Mortgage P&I

48%

$1,466

Property Taxes

4%

$134

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$365

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$334

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