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55301 Fairview Ave, South Bend, IN 46628

3 beds • 2 baths • 1428 sqft

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This property looks like a bad Mid-Term investment with a projected -5.42% first-year return on $85,200 initial cash invested.

-5.42%

Cash On Cash

4.65%

Cap Rate

0.81

DSCR

$2,127

Rent

-$385

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,200

Downpayment

20%

$64,000

Closing costs

1%

$3,200

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,127

Total Expenses

$2,512

Mortgage P&I

72%

$1,541

Property Taxes

6%

$136

Home Insurance

5%

$112

HOA

0%

$0

Property Management

12%

$255

CapEx

4%

$85

Vacancy

3%

$64

Maintenance

4%

$85

Other

11%

$234

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