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$2,668 (target)

3827 NW State Route 116, Markle, IN 46770

3 beds • 2 baths • 1820 sqft

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This property looks like a bad Mid-Term investment with a projected -6.44% first-year return on $102k initial cash invested.

-6.44%

Cash On Cash

4.72%

Cap Rate

0.78

DSCR

$2,668

Rent

-$545

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,668 income − $3,213 expenses = $545 out of pocket

Income$2,668Out of Pocket$545Mortgage P&I$2,00475%Property Taxes$1636%Insurance$1395%Management$32012%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29311%

Investment Breakdown

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Purchase Price

$398k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,600

Closing costs

1%

$3,980

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,668

Total Expenses

$3,213

Mortgage P&I

75%

$2,004

Property Taxes

6%

$163

Home Insurance

5%

$139

HOA

0%

$0

Property Management

12%

$320

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$293

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