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29893 Cardinal Ave, Elkhart, IN 46516

3 beds • 2 baths • 2296 sqft

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This property might be a fair Long-Term investment with a projected 2.06% first-year return on $45,465 initial cash invested.

2.06%

Cash On Cash

7.29%

Cap Rate

1.15

DSCR

$1,920

Rent

$78

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$217k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,465

Downpayment

20%

$43,300

Closing costs

1%

$2,165

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,920

Total Expenses

$1,842

Mortgage P&I

59%

$1,141

Property Taxes

7%

$126

Home Insurance

4%

$76

HOA

0%

$0

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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