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4701 W Clearlake Ct, Muncie, IN 47304

3 beds • 2 baths • 1758 sqft

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This property looks like a bad Mid-Term investment with a projected -0.68% first-year return on $89,631 initial cash invested.

-0.68%

Cash On Cash

6%

Cap Rate

1.04

DSCR

$2,880

Rent

-$51

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$341k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,631

Downpayment

20%

$68,220

Closing costs

1%

$3,411

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,880

Total Expenses

$2,931

Mortgage P&I

57%

$1,642

Property Taxes

7%

$188

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$346

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$317

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