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$2,958 (target)

51999 Ray Dr, Granger, IN 46530

3 beds • 2 baths • 1550 sqft

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This property might be a fair Mid-Term investment with a projected 6.62% first-year return on $70,290 initial cash invested.

6.62%

Cash On Cash

8.99%

Cap Rate

1.37

DSCR

$2,958

Rent

$388

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,958 income − $2,570 expenses = $388 cash flow

Income$2,958Mortgage P&I$1,35946%Property Taxes$1194%Insurance$873%Management$35512%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32511%Cash Flow$388

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,290

Downpayment

20%

$49,800

Closing costs

1%

$2,490

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,958

Total Expenses

$2,570

Mortgage P&I

46%

$1,359

Property Taxes

4%

$119

Home Insurance

3%

$87

HOA

0%

$0

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$325

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