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$2,750 (target)

2916 Elmwood St, Portage, IN 46368

3 beds • 2 baths • 2310 sqft

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This property might be a fair Mid-Term investment with a projected 2.11% first-year return on $76,779 initial cash invested.

2.11%

Cash On Cash

7.08%

Cap Rate

1.17

DSCR

$2,750

Rent

$135

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,750 income − $2,615 expenses = $135 cash flow

Income$2,750Mortgage P&I$1,40751%Property Taxes$1766%Insurance$984%Management$33012%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%Cash Flow$135

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,779

Downpayment

20%

$55,980

Closing costs

1%

$2,799

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,750

Total Expenses

$2,615

Mortgage P&I

51%

$1,407

Property Taxes

6%

$176

Home Insurance

4%

$98

HOA

0%

$0

Property Management

12%

$330

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

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