REI Lense

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$1,877 (target)

4460 Hill Grove Road SW, Corydon, IN 47112

3 beds • 2 baths • 1352 sqft

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This property could be a profitable Long-Term investment with a projected 11.76% first-year return on $37,254 initial cash invested.

11.76%

Cash On Cash

9.44%

Cap Rate

1.49

DSCR

$1,877

Rent

$365

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,877 income − $1,512 expenses = $365 cash flow

Income$1,877Mortgage P&I$93650%Property Taxes$432%Insurance$442%Management$18810%CapEx$945%Vacancy$1136%Maintenance$945%Cash Flow$365

Investment Breakdown

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Purchase Price

$177k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,254

Downpayment

20%

$35,480

Closing costs

1%

$1,774

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,877

Total Expenses

$1,512

Mortgage P&I

50%

$936

Property Taxes

2%

$43

Home Insurance

2%

$44

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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