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$3,111 (target)

30570 Gregory Dr, Elkhart, IN 46516

3 beds • 2 baths • 1976 sqft

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This property might be a fair Mid-Term investment with a projected 5.23% first-year return on $79,173 initial cash invested.

5.23%

Cash On Cash

8.02%

Cap Rate

1.32

DSCR

$3,111

Rent

$345

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,111 income − $2,766 expenses = $345 cash flow

Income$3,111Mortgage P&I$1,47948%Property Taxes$1284%Insurance$1033%Management$37312%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34211%Cash Flow$345

Investment Breakdown

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Purchase Price

$291k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,173

Downpayment

20%

$58,260

Closing costs

1%

$2,913

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,111

Total Expenses

$2,766

Mortgage P&I

48%

$1,479

Property Taxes

4%

$128

Home Insurance

3%

$103

HOA

0%

$0

Property Management

12%

$373

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$342

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