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$2,914 (target)

3006 163rd Pl, Hammond, IN 46323

3 beds • 2 baths • 1000 sqft

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This property could be a profitable Mid-Term investment with a projected 15.84% first-year return on $56,136 initial cash invested.

15.84%

Cash On Cash

12.15%

Cap Rate

1.87

DSCR

$2,914

Rent

$741

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,914 income − $2,173 expenses = $741 cash flow

Income$2,914Mortgage P&I$98134%Property Taxes$1355%Insurance$652%Management$35012%CapEx$1174%Vacancy$873%Maintenance$1174%Other$32111%Cash Flow$741

Investment Breakdown

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Purchase Price

$182k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,136

Downpayment

20%

$36,320

Closing costs

1%

$1,816

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,914

Total Expenses

$2,173

Mortgage P&I

34%

$981

Property Taxes

5%

$135

Home Insurance

2%

$65

HOA

0%

$0

Property Management

12%

$350

CapEx

4%

$117

Vacancy

3%

$87

Maintenance

4%

$117

Other

11%

$321

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