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58587 Concordia Ct, Elkhart, IN 46517

3 beds • 2 baths • 1864 sqft

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This property might be a fair Mid-Term investment with a projected 1.88% first-year return on $66,279 initial cash invested.

1.88%

Cash On Cash

7.45%

Cap Rate

1.16

DSCR

$2,397

Rent

$104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$230k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,279

Downpayment

20%

$45,980

Closing costs

1%

$2,299

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,397

Total Expenses

$2,293

Mortgage P&I

51%

$1,228

Property Taxes

7%

$169

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$288

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$264

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