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$3,868 (target)

2785 Spickert Knob Road, Floyds Knobs, IN 47119

3 beds • 3 baths • 2411 sqft

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This property might be a fair Mid-Term investment with a projected 1.56% first-year return on $99,375 initial cash invested.

1.56%

Cash On Cash

7.35%

Cap Rate

1.14

DSCR

$3,868

Rent

$129

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,868 income − $3,739 expenses = $129 cash flow

Income$3,868Mortgage P&I$2,08854%Property Taxes$2005%Insurance$1364%Management$46412%CapEx$1554%Vacancy$1163%Maintenance$1554%Other$42511%Cash Flow$129

Investment Breakdown

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Purchase Price

$388k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,375

Downpayment

20%

$77,500

Closing costs

1%

$3,875

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,868

Total Expenses

$3,739

Mortgage P&I

54%

$2,088

Property Taxes

5%

$200

Home Insurance

4%

$136

HOA

0%

$0

Property Management

12%

$464

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$425

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