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$2,664 (target)

3007 Queencastle Dr, Lafayette, IN 47909

3 beds • 2 baths • 1440 sqft

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This property looks like a bad Mid-Term investment with a projected -1.01% first-year return on $79,992 initial cash invested.

-1.01%

Cash On Cash

6.35%

Cap Rate

1.03

DSCR

$2,664

Rent

-$67

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,664 income − $2,731 expenses = $67 out of pocket

Income$2,664Out of Pocket$67Mortgage P&I$1,52157%Property Taxes$1987%Insurance$1054%Management$32012%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29311%

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,992

Downpayment

20%

$59,040

Closing costs

1%

$2,952

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,664

Total Expenses

$2,731

Mortgage P&I

57%

$1,521

Property Taxes

7%

$198

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$320

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$293

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