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$3,147 (target)

3503 Linnert Way, New Albany, IN 47150

3 beds • 2 baths • 1527 sqft

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This property looks like a bad Mid-Term investment with a projected -8.83% first-year return on $112k initial cash invested.

-8.83%

Cash On Cash

4.07%

Cap Rate

0.68

DSCR

$3,147

Rent

-$827

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,147 income − $3,974 expenses = $827 out of pocket

Income$3,147Out of Pocket$827Mortgage P&I$2,22471%Property Taxes$52117%Insurance$1595%Management$37812%CapEx$1264%Vacancy$943%Maintenance$1264%Other$34611%

Investment Breakdown

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Purchase Price

$449k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,860

Closing costs

1%

$4,493

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,147

Total Expenses

$3,974

Mortgage P&I

71%

$2,224

Property Taxes

17%

$521

Home Insurance

5%

$159

HOA

0%

$0

Property Management

12%

$378

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

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