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$3,069 (target)

325 N Hobart Rd, Hobart, IN 46342

3 beds • 2 baths • 1584 sqft

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This property might be a fair Mid-Term investment with a projected 7.43% first-year return on $73,335 initial cash invested.

7.43%

Cash On Cash

8.59%

Cap Rate

1.44

DSCR

$3,069

Rent

$454

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,069 income − $2,615 expenses = $454 cash flow

Income$3,069Mortgage P&I$1,30943%Property Taxes$1665%Insurance$963%Management$36812%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33811%Cash Flow$454

Investment Breakdown

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Purchase Price

$264k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,335

Downpayment

20%

$52,700

Closing costs

1%

$2,635

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,069

Total Expenses

$2,615

Mortgage P&I

43%

$1,309

Property Taxes

5%

$166

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$368

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$338

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