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$2,511 (target)

2818 High St, Logansport, IN 46947

3 beds • 2 baths • 3146 sqft

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This property might be a fair Mid-Term investment with a projected 3.56% first-year return on $68,064 initial cash invested.

3.56%

Cash On Cash

7.49%

Cap Rate

1.25

DSCR

$2,511

Rent

$202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,511 income − $2,309 expenses = $202 cash flow

Income$2,511Mortgage P&I$1,18747%Property Taxes$1406%Insurance$1305%Management$30112%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27611%Cash Flow$202

Investment Breakdown

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Purchase Price

$238k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,064

Downpayment

20%

$47,680

Closing costs

1%

$2,384

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,511

Total Expenses

$2,309

Mortgage P&I

47%

$1,187

Property Taxes

6%

$140

Home Insurance

5%

$130

HOA

0%

$0

Property Management

12%

$301

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$276

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