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$2,273 (target)

3015 Waverly Ct, Mishawaka, IN 46544

3 beds • 2 baths • 1724 sqft

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This property looks like a bad Long-Term investment with a projected -4.72% first-year return on $65,100 initial cash invested.

-4.72%

Cash On Cash

5.45%

Cap Rate

0.91

DSCR

$2,273

Rent

-$256

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,273 income − $2,529 expenses = $256 out of pocket

Income$2,273Out of Pocket$256Mortgage P&I$1,55068%Property Taxes$28012%Insurance$1085%Management$22710%CapEx$1145%Vacancy$1366%Maintenance$1145%

Investment Breakdown

|

Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,100

Downpayment

20%

$62,000

Closing costs

1%

$3,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,273

Total Expenses

$2,529

Mortgage P&I

68%

$1,550

Property Taxes

12%

$280

Home Insurance

5%

$108

HOA

0%

$0

Property Management

10%

$227

CapEx

5%

$114

Vacancy

6%

$136

Maintenance

5%

$114

Other

0%

$0

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