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$3,819 (target)

5024 E 73rd Ave, Merrillville, IN 46410

3 beds • 3 baths • 2696 sqft

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This property might be a fair Mid-Term investment with a projected 7.14% first-year return on $86,712 initial cash invested.

7.14%

Cash On Cash

8.47%

Cap Rate

1.41

DSCR

$3,819

Rent

$516

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,819 income − $3,303 expenses = $516 cash flow

Income$3,819Mortgage P&I$1,64043%Property Taxes$2456%Insurance$1193%Management$45812%CapEx$1534%Vacancy$1153%Maintenance$1534%Other$42011%Cash Flow$516

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,712

Downpayment

20%

$65,440

Closing costs

1%

$3,272

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,819

Total Expenses

$3,303

Mortgage P&I

43%

$1,640

Property Taxes

6%

$245

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$458

CapEx

4%

$153

Vacancy

3%

$115

Maintenance

4%

$153

Other

11%

$420

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