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4009 E 31st St, Indianapolis, IN 46218

3 beds • 1 baths • 1488 sqft

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This property might be a fair Long-Term investment with a projected 9.31% first-year return on $23,079 initial cash invested.

9.31%

Cash On Cash

8.49%

Cap Rate

1.44

DSCR

$1,150

Rent

$179

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$110k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$23,079

Downpayment

20%

$21,980

Closing costs

1%

$1,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,150

Total Expenses

$971

Mortgage P&I

47%

$541

Property Taxes

8%

$92

Home Insurance

3%

$38

PManagement

10%

$115

CapEx

5%

$58

Vacancy

6%

$69

Maintenance

5%

$58

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

2974 N Denny St, Indianapolis, IN 46218

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3

1

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0.9 mi

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1.3 mi

1255 S Forest Knoll St

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0.9 mi

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$2,850

5

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0.6 mi

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2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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$1,100

2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

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