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$1,926 (target)

3325 N Highland Road, Salem, IN 47167

3 beds • 2 baths • 1834 sqft

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This property looks like a bad Long-Term investment with a projected -7.02% first-year return on $63,756 initial cash invested.

-7.02%

Cash On Cash

5.07%

Cap Rate

0.82

DSCR

$1,926

Rent

-$373

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,926 income − $2,299 expenses = $373 out of pocket

Income$1,926Out of Pocket$373Mortgage P&I$1,56081%Property Taxes$1287%Insurance$1106%Management$19310%CapEx$965%Vacancy$1166%Maintenance$965%

Investment Breakdown

|

Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,756

Downpayment

20%

$60,720

Closing costs

1%

$3,036

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,926

Total Expenses

$2,299

Mortgage P&I

81%

$1,560

Property Taxes

7%

$128

Home Insurance

6%

$110

HOA

0%

$0

Property Management

10%

$193

CapEx

5%

$96

Vacancy

6%

$116

Maintenance

5%

$96

Other

0%

$0

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