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$2,816 (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 Mid-Term investment with a projected 18.13% first-year return on $55,254 initial cash invested.

18.13%

Cash On Cash

12.74%

Cap Rate

2.01

DSCR

$2,816

Rent

$835

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,816 income − $1,981 expenses = $835 cash flow

Income$2,816Mortgage P&I$93633%Property Taxes$432%Insurance$442%Management$33812%CapEx$1134%Vacancy$843%Maintenance$1134%Other$31011%Cash Flow$835

Investment Breakdown

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Purchase Price

$177k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,254

Downpayment

20%

$35,480

Closing costs

1%

$1,774

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,816

Total Expenses

$1,981

Mortgage P&I

33%

$936

Property Taxes

2%

$43

Home Insurance

2%

$44

HOA

0%

$0

Property Management

12%

$338

CapEx

4%

$113

Vacancy

3%

$84

Maintenance

4%

$113

Other

11%

$310

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