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$2,356 (target)

3203 S Meridian St, Marion, IN 46953

3 beds • 2 baths • 2080 sqft

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This property could be a profitable Mid-Term investment with a projected 33.12% first-year return on $36,879 initial cash invested.

33.12%

Cash On Cash

21.02%

Cap Rate

3.4

DSCR

$2,356

Rent

$1,018

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,356 income − $1,338 expenses = $1,018 cash flow

Income$2,356Mortgage P&I$46320%Property Taxes$422%Insurance$321%Management$28312%CapEx$944%Vacancy$713%Maintenance$944%Other$25911%Cash Flow$1,018

Investment Breakdown

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Purchase Price

$89,900

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,879

Downpayment

20%

$17,980

Closing costs

1%

$899

Rehab

0%

$0

Furnishing

20%

$18,000

Cashflow

Total Income

$2,356

Total Expenses

$1,338

Mortgage P&I

20%

$463

Property Taxes

2%

$42

Home Insurance

1%

$32

HOA

0%

$0

Property Management

12%

$283

CapEx

4%

$94

Vacancy

3%

$71

Maintenance

4%

$94

Other

11%

$259

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