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$2,794 (target)

3724 W 42nd Ter, Indianapolis, IN 46228

3 beds • 2 baths • 1504 sqft

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This property might be a fair Mid-Term investment with a projected 1.95% first-year return on $78,039 initial cash invested.

1.95%

Cash On Cash

7.01%

Cap Rate

1.17

DSCR

$2,794

Rent

$127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,794 income − $2,667 expenses = $127 cash flow

Income$2,794Mortgage P&I$1,43251%Property Taxes$1837%Insurance$1024%Management$33512%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30711%Cash Flow$127

Investment Breakdown

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Purchase Price

$286k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,039

Downpayment

20%

$57,180

Closing costs

1%

$2,859

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,794

Total Expenses

$2,667

Mortgage P&I

51%

$1,432

Property Taxes

7%

$183

Home Insurance

4%

$102

HOA

0%

$0

Property Management

12%

$335

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$307

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