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$2,592 (target)

3343 Poland Hill Rd, Lafayette, IN 47909

3 beds • 2 baths • 1038 sqft

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This property might be a fair Mid-Term investment with a projected 1.22% first-year return on $68,106 initial cash invested.

1.22%

Cash On Cash

7.25%

Cap Rate

1.14

DSCR

$2,592

Rent

$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,592 income − $2,523 expenses = $69 cash flow

Income$2,592Mortgage P&I$1,26849%Property Taxes$28811%Insurance$853%Management$31112%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28511%Cash Flow$69

Investment Breakdown

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Purchase Price

$239k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,106

Downpayment

20%

$47,720

Closing costs

1%

$2,386

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,592

Total Expenses

$2,523

Mortgage P&I

49%

$1,268

Property Taxes

11%

$288

Home Insurance

3%

$85

HOA

0%

$0

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

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