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$2,174 (target)

5901 Ohara Dr, Evansville, IN 47711

3 beds • 3 baths • 1908 sqft

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This property looks like a bad Mid-Term investment with a projected -3.04% first-year return on $75,729 initial cash invested.

-3.04%

Cash On Cash

5.64%

Cap Rate

0.92

DSCR

$2,174

Rent

-$192

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,174 income − $2,366 expenses = $192 out of pocket

Income$2,174Out of Pocket$192Mortgage P&I$1,39864%Property Taxes$1336%Insurance$964%Management$26112%CapEx$874%Vacancy$653%Maintenance$874%Other$23911%

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,729

Downpayment

20%

$54,980

Closing costs

1%

$2,749

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,174

Total Expenses

$2,366

Mortgage P&I

64%

$1,398

Property Taxes

6%

$133

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$261

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$239

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