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$3,813 (target)

400 S 20th St, Richmond, IN 47374

3 beds • 4 baths • 2704 sqft

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This property might be a fair Mid-Term investment with a projected 0.08% first-year return on $107k initial cash invested.

0.08%

Cash On Cash

6.56%

Cap Rate

1.07

DSCR

$3,813

Rent

$7

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,813 income − $3,806 expenses = $7 cash flow

Income$3,813Mortgage P&I$2,16257%Property Taxes$1985%Insurance$1494%Management$45812%CapEx$1534%Vacancy$1143%Maintenance$1534%Other$41911%Cash Flow$7

Investment Breakdown

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Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,813

Total Expenses

$3,806

Mortgage P&I

57%

$2,162

Property Taxes

5%

$198

Home Insurance

4%

$149

HOA

0%

$0

Property Management

12%

$458

CapEx

4%

$153

Vacancy

3%

$114

Maintenance

4%

$153

Other

11%

$419

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