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3198 May St, Portage, IN 46368

3 beds • 2 baths • 1240 sqft

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This property looks like a bad Long-Term investment with a projected -5.77% first-year return on $54,705 initial cash invested.

-5.77%

Cash On Cash

5.06%

Cap Rate

0.86

DSCR

$1,719

Rent

-$263

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

$54,705

Downpayment

20%

$52,100

Closing costs

1%

$2,605

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,719

Total Expenses

$1,982

Mortgage P&I

74%

$1,276

Property Taxes

10%

$166

Home Insurance

5%

$93

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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