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$3,904 (target)

5836 Waterstone Dr, Newburgh, IN 47630

3 beds • 2 baths • 2455 sqft

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This property might be a fair Mid-Term investment with a projected 1.86% first-year return on $102k initial cash invested.

1.86%

Cash On Cash

7.21%

Cap Rate

1.15

DSCR

$3,904

Rent

$159

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,904 income − $3,745 expenses = $159 cash flow

Income$3,904Mortgage P&I$2,10254%Property Taxes$1724%Insurance$1454%Management$46812%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$42911%Cash Flow$159

Investment Breakdown

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Purchase Price

$402k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,460

Closing costs

1%

$4,023

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,904

Total Expenses

$3,745

Mortgage P&I

54%

$2,102

Property Taxes

4%

$172

Home Insurance

4%

$145

HOA

0%

$0

Property Management

12%

$468

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$429

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