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$2,846 (target)

520 Seventh Street, Madison, IN 47250

3 beds • 2 baths • 1632 sqft

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This property could be a profitable Mid-Term investment with a projected 10.01% first-year return on $62,709 initial cash invested.

10.01%

Cash On Cash

10.08%

Cap Rate

1.55

DSCR

$2,846

Rent

$523

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,846 income − $2,323 expenses = $523 cash flow

Income$2,846Mortgage P&I$1,15240%Property Taxes$1234%Insurance$803%Management$34212%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%Cash Flow$523

Investment Breakdown

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Purchase Price

$213k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,709

Downpayment

20%

$42,580

Closing costs

1%

$2,129

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,846

Total Expenses

$2,323

Mortgage P&I

40%

$1,152

Property Taxes

4%

$123

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

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