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$2,708 (target)

3711 W Tapp Rd, Bloomington, IN 47403

3 beds • 2 baths • 1210 sqft

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This property might be a fair Mid-Term investment with a projected 6.28% first-year return on $67,077 initial cash invested.

6.28%

Cash On Cash

8.73%

Cap Rate

1.37

DSCR

$2,708

Rent

$351

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,708 income − $2,357 expenses = $351 cash flow

Income$2,708Mortgage P&I$1,24246%Property Taxes$1074%Insurance$883%Management$32512%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29811%Cash Flow$351

Investment Breakdown

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Purchase Price

$234k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,077

Downpayment

20%

$46,740

Closing costs

1%

$2,337

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,708

Total Expenses

$2,357

Mortgage P&I

46%

$1,242

Property Taxes

4%

$107

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$325

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$298

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