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$1,708 (target)

2916 S McClure St, Marion, IN 46953

3 beds • 2 baths • 850 sqft

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This property might be a fair Mid-Term investment with a projected 7.75% first-year return on $47,379 initial cash invested.

7.75%

Cash On Cash

9.38%

Cap Rate

1.52

DSCR

$1,708

Rent

$306

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,708 income − $1,402 expenses = $306 cash flow

Income$1,708Mortgage P&I$72042%Property Taxes$533%Insurance$493%Management$20512%CapEx$684%Vacancy$513%Maintenance$684%Other$18811%Cash Flow$306

Investment Breakdown

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Purchase Price

$140k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,379

Downpayment

20%

$27,980

Closing costs

1%

$1,399

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,708

Total Expenses

$1,402

Mortgage P&I

42%

$720

Property Taxes

3%

$53

Home Insurance

3%

$49

HOA

0%

$0

Property Management

12%

$205

CapEx

4%

$68

Vacancy

3%

$51

Maintenance

4%

$68

Other

11%

$188

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