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4101 Biscayne Rd, Indianapolis, IN 46226

3 beds • 2 baths • 1421 sqft

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This property might be a fair Mid-Term investment with a projected 7.97% first-year return on $48,912 initial cash invested.

7.97%

Cash On Cash

9.64%

Cap Rate

1.52

DSCR

$2,013

Rent

$325

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$147k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,912

Downpayment

20%

$29,440

Closing costs

1%

$1,472

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,013

Total Expenses

$1,688

Mortgage P&I

39%

$776

Property Taxes

8%

$171

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$242

CapEx

4%

$81

Vacancy

3%

$60

Maintenance

4%

$81

Other

11%

$221

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