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3198 May St, Portage, IN 46368

3 beds • 2 baths • 1240 sqft

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This property might be a fair Mid-Term investment with a projected 2.76% first-year return on $72,705 initial cash invested.

2.76%

Cash On Cash

7.12%

Cap Rate

1.21

DSCR

$2,578

Rent

$167

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$261k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,705

Downpayment

20%

$52,100

Closing costs

1%

$2,605

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,578

Total Expenses

$2,411

Mortgage P&I

50%

$1,276

Property Taxes

6%

$166

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$309

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$284

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