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$3,924 (target)

51 Terrace Dr, Munster, IN 46321

3 beds • 2 baths • 1824 sqft

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This property could be a profitable Mid-Term investment with a projected 10.19% first-year return on $77,850 initial cash invested.

10.19%

Cash On Cash

9.61%

Cap Rate

1.56

DSCR

$3,924

Rent

$661

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,924 income − $3,263 expenses = $661 cash flow

Income$3,924Mortgage P&I$1,46437%Property Taxes$3649%Insurance$1003%Management$47112%CapEx$1574%Vacancy$1183%Maintenance$1574%Other$43211%Cash Flow$661

Investment Breakdown

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Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.7%

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

$3,924

Total Expenses

$3,263

Mortgage P&I

37%

$1,464

Property Taxes

9%

$364

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$471

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$432

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