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$2,484 (target)

316 Ridge Road, Charlestown, IN 47111

3 beds • 2 baths • 1092 sqft

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This property might be a fair Mid-Term investment with a projected 5.2% first-year return on $63,045 initial cash invested.

5.2%

Cash On Cash

8.54%

Cap Rate

1.32

DSCR

$2,484

Rent

$273

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,484 income − $2,211 expenses = $273 cash flow

Income$2,484Mortgage P&I$1,15446%Property Taxes$1386%Insurance$753%Management$29812%CapEx$994%Vacancy$753%Maintenance$994%Other$27311%Cash Flow$273

Investment Breakdown

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Purchase Price

$215k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,045

Downpayment

20%

$42,900

Closing costs

1%

$2,145

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,484

Total Expenses

$2,211

Mortgage P&I

46%

$1,154

Property Taxes

6%

$138

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$298

CapEx

4%

$99

Vacancy

3%

$75

Maintenance

4%

$99

Other

11%

$273

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