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$2,758 (target)

565 E Morse St, Markle, IN 46770

3 beds • 2 baths • 1512 sqft

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This property might be a fair Mid-Term investment with a projected 1.49% first-year return on $76,422 initial cash invested.

1.49%

Cash On Cash

6.88%

Cap Rate

1.15

DSCR

$2,758

Rent

$95

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,758 income − $2,663 expenses = $95 cash flow

Income$2,758Mortgage P&I$1,39150%Property Taxes$2369%Insurance$994%Management$33112%CapEx$1104%Vacancy$833%Maintenance$1104%Other$30311%Cash Flow$95

Investment Breakdown

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Purchase Price

$278k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,422

Downpayment

20%

$55,640

Closing costs

1%

$2,782

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,758

Total Expenses

$2,663

Mortgage P&I

50%

$1,391

Property Taxes

9%

$236

Home Insurance

4%

$99

HOA

0%

$0

Property Management

12%

$331

CapEx

4%

$110

Vacancy

3%

$83

Maintenance

4%

$110

Other

11%

$303

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