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321 Highland Drive, Madison, IN 47250

3 beds • 2 baths • 1176 sqft

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This property might be a fair Mid-Term investment with a projected 1.17% first-year return on $73,062 initial cash invested.

1.17%

Cash On Cash

6.57%

Cap Rate

1.13

DSCR

$2,328

Rent

$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$262k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,062

Downpayment

20%

$52,440

Closing costs

1%

$2,622

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,328

Total Expenses

$2,257

Mortgage P&I

55%

$1,271

Property Taxes

4%

$99

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$279

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$256

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