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$3,465 (target)

3324 Nine Penny Lane, Charlestown, IN 47111

3 beds • 2 baths • 1784 sqft

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This property might be a fair Mid-Term investment with a projected 3.8% first-year return on $90,261 initial cash invested.

3.8%

Cash On Cash

7.44%

Cap Rate

1.25

DSCR

$3,465

Rent

$286

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,465 income − $3,179 expenses = $286 cash flow

Income$3,465Mortgage P&I$1,70949%Property Taxes$1755%Insurance$1163%Management$41612%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38111%Cash Flow$286

Investment Breakdown

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Purchase Price

$344k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,261

Downpayment

20%

$68,820

Closing costs

1%

$3,441

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,465

Total Expenses

$3,179

Mortgage P&I

49%

$1,709

Property Taxes

5%

$175

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$416

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$381

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