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$2,235 (target)

2931 Maze Ave, Richmond, IN 47374

3 beds • 2 baths • 1300 sqft

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This property might be a fair Mid-Term investment with a projected 5.43% first-year return on $57,879 initial cash invested.

5.43%

Cash On Cash

8.76%

Cap Rate

1.34

DSCR

$2,235

Rent

$262

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,235 income − $1,973 expenses = $262 cash flow

Income$2,235Mortgage P&I$1,03646%Property Taxes$1125%Insurance$663%Management$26812%CapEx$894%Vacancy$673%Maintenance$894%Other$24611%Cash Flow$262

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,879

Downpayment

20%

$37,980

Closing costs

1%

$1,899

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,235

Total Expenses

$1,973

Mortgage P&I

46%

$1,036

Property Taxes

5%

$112

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$268

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$246

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