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$3,099 (target)

506 S Detroit St, Warsaw, IN 46580

3 beds • 2 baths • 2264 sqft

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This property might be a fair Mid-Term investment with a projected 5.7% first-year return on $77,850 initial cash invested.

5.7%

Cash On Cash

8.13%

Cap Rate

1.34

DSCR

$3,099

Rent

$370

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,099 income − $2,729 expenses = $370 cash flow

Income$3,099Mortgage P&I$1,43646%Property Taxes$1394%Insurance$1003%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%Cash Flow$370

Investment Breakdown

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Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,099

Total Expenses

$2,729

Mortgage P&I

46%

$1,436

Property Taxes

4%

$139

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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