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3044 Cobblers Crossing Road, New Albany, IN 47150
3 beds • 4 baths • 2754 sqft
$407,500
View on ZillowThis property might be a fair Mid-Term investment with a projected 6.44% first-year return on $104k initial cash invested.
6.44%
Cash On Cash
8.48%
Cap Rate
1.35
DSCR
$4,682
Rent
$556
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,682 income − $4,126 expenses = $556 cash flow
Investment Breakdown
|
Purchase Price
$408k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$81,500
Closing costs
1%
$4,075
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,682
Total Expenses
$4,126
Mortgage P&I
46%
$2,135
Property Taxes
5%
$240
Home Insurance
3%
$147
HOA
0%
$13
Property Management
12%
$562
CapEx
4%
$187
Vacancy
3%
$140
Maintenance
4%
$187
Other
11%
$515