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$2,544 (target)

3200 Clear Creek Blvd, Martinsville, IN 46151

3 beds • 3 baths • 3750 sqft

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This property looks like a bad Mid-Term investment with a projected -10.92% first-year return on $117k initial cash invested.

-10.92%

Cash On Cash

3.54%

Cap Rate

0.59

DSCR

$2,544

Rent

-$1,068

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,544 income − $3,612 expenses = $1,068 out of pocket

Income$2,544Out of Pocket$1,068Mortgage P&I$2,36293%Property Taxes$1887%Insurance$1757%HOA$221%Management$30512%CapEx$1024%Vacancy$763%Maintenance$1024%Other$28011%

Investment Breakdown

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Purchase Price

$473k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,580

Closing costs

1%

$4,729

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,544

Total Expenses

$3,612

Mortgage P&I

93%

$2,362

Property Taxes

7%

$188

Home Insurance

7%

$175

HOA

1%

$22

Property Management

12%

$305

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$280

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