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2945 Orchard Dr, Hammond, IN 46323

3 beds • 2 baths • 2994 sqft

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This property looks like a bad Long-Term investment with a projected -7.77% first-year return on $42,000 initial cash invested.

-7.77%

Cash On Cash

5.14%

Cap Rate

0.81

DSCR

$1,531

Rent

-$272

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,000

Downpayment

20%

$40,000

Closing costs

1%

$2,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,531

Total Expenses

$1,803

Mortgage P&I

69%

$1,051

Property Taxes

18%

$283

Home Insurance

5%

$70

HOA

0%

$0

Property Management

10%

$153

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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