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$3,582 (target)

4199 Courtland Dr, Newburgh, IN 47630

3 beds • 3 baths • 2312 sqft

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This property might be a fair Mid-Term investment with a projected 1.86% first-year return on $95,070 initial cash invested.

1.86%

Cash On Cash

7.24%

Cap Rate

1.15

DSCR

$3,582

Rent

$147

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,582 income − $3,435 expenses = $147 cash flow

Income$3,582Mortgage P&I$1,92354%Property Taxes$1564%Insurance$1334%HOA$6Management$43012%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39411%Cash Flow$147

Investment Breakdown

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Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,070

Downpayment

20%

$73,400

Closing costs

1%

$3,670

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,582

Total Expenses

$3,435

Mortgage P&I

54%

$1,923

Property Taxes

4%

$156

Home Insurance

4%

$133

HOA

0%

$6

Property Management

12%

$430

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$394

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