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$3,454 (target)

5324 Johnson St, Merrillville, IN 46410

3 beds • 2 baths • 1806 sqft

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This property might be a fair Mid-Term investment with a projected 6.66% first-year return on $81,042 initial cash invested.

6.66%

Cash On Cash

8.64%

Cap Rate

1.37

DSCR

$3,454

Rent

$450

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,454 income − $3,004 expenses = $450 cash flow

Income$3,454Mortgage P&I$1,57346%Property Taxes$1504%Insurance$1073%Management$41412%CapEx$1384%Vacancy$1043%Maintenance$1384%Other$38011%Cash Flow$450

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,042

Downpayment

20%

$60,040

Closing costs

1%

$3,002

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,454

Total Expenses

$3,004

Mortgage P&I

46%

$1,573

Property Taxes

4%

$150

Home Insurance

3%

$107

HOA

0%

$0

Property Management

12%

$414

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$380

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