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3501 W Wheatfield Ln, Muncie, IN 47304

3 beds • 2 baths • 1865 sqft

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This property might be a fair Mid-Term investment with a projected 4.25% first-year return on $80,706 initial cash invested.

4.25%

Cash On Cash

7.54%

Cap Rate

1.28

DSCR

$2,972

Rent

$286

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,706

Downpayment

20%

$59,720

Closing costs

1%

$2,986

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,972

Total Expenses

$2,686

Mortgage P&I

50%

$1,472

Property Taxes

3%

$92

Home Insurance

4%

$108

HOA

0%

$3

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$327

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