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3508 N Burgess Rd, Muncie, IN 47304

3 beds • 2 baths • 1248 sqft

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This property looks like a bad Long-Term investment with a projected -3.89% first-year return on $40,761 initial cash invested.

-3.89%

Cash On Cash

5.96%

Cap Rate

0.94

DSCR

$1,447

Rent

-$132

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$194k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,761

Downpayment

20%

$38,820

Closing costs

1%

$1,941

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,447

Total Expenses

$1,579

Mortgage P&I

71%

$1,024

Property Taxes

8%

$109

Home Insurance

5%

$70

HOA

0%

$0

Property Management

10%

$145

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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