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$2,426 (target)

36 N Gibson Ave, Indianapolis, IN 46219

3 beds • 3 baths • 1488 sqft

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This property might be a fair Mid-Term investment with a projected 3.14% first-year return on $66,090 initial cash invested.

3.14%

Cash On Cash

7.59%

Cap Rate

1.23

DSCR

$2,426

Rent

$173

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,426 income − $2,253 expenses = $173 cash flow

Income$2,426Mortgage P&I$1,17949%Property Taxes$1697%Insurance$803%Management$29112%CapEx$974%Vacancy$733%Maintenance$974%Other$26711%Cash Flow$173

Investment Breakdown

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Purchase Price

$229k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,090

Downpayment

20%

$45,800

Closing costs

1%

$2,290

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,426

Total Expenses

$2,253

Mortgage P&I

49%

$1,179

Property Taxes

7%

$169

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$291

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$267

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