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$3,765 (target)

3630 Arbor Creek Dr, Newburgh, IN 47630

3 beds • 3 baths • 2230 sqft

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This property might be a fair Mid-Term investment with a projected 2.04% first-year return on $95,091 initial cash invested.

2.04%

Cash On Cash

7.03%

Cap Rate

1.17

DSCR

$3,765

Rent

$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,765 income − $3,603 expenses = $162 cash flow

Income$3,765Mortgage P&I$1,83949%Property Taxes$3509%Insurance$1334%Management$45212%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41411%Cash Flow$162

Investment Breakdown

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Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,091

Downpayment

20%

$73,420

Closing costs

1%

$3,671

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,765

Total Expenses

$3,603

Mortgage P&I

49%

$1,839

Property Taxes

9%

$350

Home Insurance

4%

$133

HOA

0%

$0

Property Management

12%

$452

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$414

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