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$1,851 (target)

3205 Broadway Ave, Evansville, IN 47712

3 beds • 3 baths • 1899 sqft

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This property could be a profitable Mid-Term investment with a projected 11.71% first-year return on $45,510 initial cash invested.

11.71%

Cash On Cash

10.99%

Cap Rate

1.76

DSCR

$1,851

Rent

$444

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,851 income − $1,407 expenses = $444 cash flow

Income$1,851Mortgage P&I$68237%Property Taxes$623%Insurance$332%Management$22212%CapEx$744%Vacancy$563%Maintenance$744%Other$20411%Cash Flow$444

Investment Breakdown

|

Purchase Price

$131k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,510

Downpayment

20%

$26,200

Closing costs

1%

$1,310

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$1,851

Total Expenses

$1,407

Mortgage P&I

37%

$682

Property Taxes

3%

$62

Home Insurance

2%

$33

HOA

0%

$0

Property Management

12%

$222

CapEx

4%

$74

Vacancy

3%

$56

Maintenance

4%

$74

Other

11%

$204

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