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$2,037 (target)

4800 S Us Highway 27, Richmond, IN 47374

3 beds • 2 baths • 1368 sqft

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This property looks like a bad Mid-Term investment with a projected -5.34% first-year return on $76,401 initial cash invested.

-5.34%

Cash On Cash

5.19%

Cap Rate

0.82

DSCR

$2,037

Rent

-$340

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,037 income − $2,377 expenses = $340 out of pocket

Income$2,037Out of Pocket$340Mortgage P&I$1,46272%Property Taxes$914%Insurance$1337%Management$24412%CapEx$814%Vacancy$613%Maintenance$814%Other$22411%

Investment Breakdown

|

Purchase Price

$278k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,401

Downpayment

20%

$55,620

Closing costs

1%

$2,781

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,037

Total Expenses

$2,377

Mortgage P&I

72%

$1,462

Property Taxes

4%

$91

Home Insurance

7%

$133

HOA

0%

$0

Property Management

12%

$244

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$224

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