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$2,630 (target)

5050 Crandall Lanesville Road NE, Corydon, IN 47112

3 beds • 2 baths • 1719 sqft

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This property might be a fair Mid-Term investment with a projected 2.61% first-year return on $77,829 initial cash invested.

2.61%

Cash On Cash

7.11%

Cap Rate

1.19

DSCR

$2,630

Rent

$169

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,630 income − $2,461 expenses = $169 cash flow

Income$2,630Mortgage P&I$1,41554%Property Taxes$522%Insurance$1004%Management$31612%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28911%Cash Flow$169

Investment Breakdown

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Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,829

Downpayment

20%

$56,980

Closing costs

1%

$2,849

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,630

Total Expenses

$2,461

Mortgage P&I

54%

$1,415

Property Taxes

2%

$52

Home Insurance

4%

$100

HOA

0%

$0

Property Management

12%

$316

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$289

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