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$3,430 (target)

3091 Dowgate Dr, Newburgh, IN 47630

3 beds • 2 baths • 1723 sqft

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This property might be a fair Mid-Term investment with a projected 2.52% first-year return on $88,707 initial cash invested.

2.52%

Cash On Cash

7.58%

Cap Rate

1.18

DSCR

$3,430

Rent

$186

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,430 income − $3,244 expenses = $186 cash flow

Income$3,430Mortgage P&I$1,80353%Property Taxes$1565%Insurance$1193%Management$41212%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37711%Cash Flow$186

Investment Breakdown

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Purchase Price

$337k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,707

Downpayment

20%

$67,340

Closing costs

1%

$3,367

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,430

Total Expenses

$3,244

Mortgage P&I

53%

$1,803

Property Taxes

5%

$156

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$412

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$377

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