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$3,442 (target)

4010 Weatherby Way, New Albany, IN 47150

3 beds • 4 baths • 3554 sqft

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This property looks like a bad Mid-Term investment with a projected -4.14% first-year return on $110k initial cash invested.

-4.14%

Cash On Cash

5.37%

Cap Rate

0.89

DSCR

$3,442

Rent

-$381

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,442 income − $3,823 expenses = $381 out of pocket

Income$3,442Out of Pocket$381Mortgage P&I$2,21164%Property Taxes$2748%Insurance$1544%HOA$13Management$41312%CapEx$1384%Vacancy$1033%Maintenance$1384%Other$37911%

Investment Breakdown

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Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,980

Closing costs

1%

$4,399

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,442

Total Expenses

$3,823

Mortgage P&I

64%

$2,211

Property Taxes

8%

$274

Home Insurance

4%

$154

HOA

0%

$13

Property Management

12%

$413

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$379

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