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$3,470 (target)

2766 Libbert Rd, Newburgh, IN 47630

3 beds • 3 baths • 1892 sqft

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This property might be a fair Mid-Term investment with a projected 6.96% first-year return on $82,533 initial cash invested.

6.96%

Cash On Cash

8.4%

Cap Rate

1.4

DSCR

$3,470

Rent

$479

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,470 income − $2,991 expenses = $479 cash flow

Income$3,470Mortgage P&I$1,53444%Property Taxes$1675%Insurance$1103%Management$41612%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38211%Cash Flow$479

Investment Breakdown

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Purchase Price

$307k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,533

Downpayment

20%

$61,460

Closing costs

1%

$3,073

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,470

Total Expenses

$2,991

Mortgage P&I

44%

$1,534

Property Taxes

5%

$167

Home Insurance

3%

$110

HOA

0%

$0

Property Management

12%

$416

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$382

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