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$2,493 (target)

3485 E Sherman St, Columbia City, IN 46725

3 beds • 2 baths • 1426 sqft

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This property might be a fair Mid-Term investment with a projected 1.92% first-year return on $71,802 initial cash invested.

1.92%

Cash On Cash

7.2%

Cap Rate

1.16

DSCR

$2,493

Rent

$115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,493 income − $2,378 expenses = $115 cash flow

Income$2,493Mortgage P&I$1,32253%Property Taxes$1175%Insurance$914%Management$29912%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27411%Cash Flow$115

Investment Breakdown

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Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,802

Downpayment

20%

$51,240

Closing costs

1%

$2,562

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,493

Total Expenses

$2,378

Mortgage P&I

53%

$1,322

Property Taxes

5%

$117

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$299

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$274

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