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$1,932 (target)

54229 County Road 1, Elkhart, IN 46514

3 beds • 2 baths • 3082 sqft

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This property looks like a bad Mid-Term investment with a projected -23.69% first-year return on $175k initial cash invested.

-23.69%

Cash On Cash

0.89%

Cap Rate

0.14

DSCR

$1,932

Rent

-$3,464

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,932 income − $5,396 expenses = $3,464 out of pocket

Income$1,932Out of Pocket$3,464Mortgage P&I$3,943204%Property Taxes$53428%Insurance$26214%Management$23212%CapEx$774%Vacancy$583%Maintenance$774%Other$21311%

Investment Breakdown

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Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$175k

Downpayment

20%

$150k

Closing costs

1%

$7,499

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$1,932

Total Expenses

$5,396

Mortgage P&I

204%

$3,943

Property Taxes

28%

$534

Home Insurance

14%

$262

HOA

0%

$0

Property Management

12%

$232

CapEx

4%

$77

Vacancy

3%

$58

Maintenance

4%

$77

Other

11%

$213

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