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$2,391 (target)

5915 S Delmar Rd, Marion, IN 46953

3 beds • 2 baths • 1560 sqft

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This property might be a fair Mid-Term investment with a projected 7.39% first-year return on $59,790 initial cash invested.

7.39%

Cash On Cash

9.16%

Cap Rate

1.44

DSCR

$2,391

Rent

$368

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,391 income − $2,023 expenses = $368 cash flow

Income$2,391Mortgage P&I$1,05544%Property Taxes$844%Insurance$703%Management$28712%CapEx$964%Vacancy$723%Maintenance$964%Other$26311%Cash Flow$368

Investment Breakdown

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Purchase Price

$199k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,790

Downpayment

20%

$39,800

Closing costs

1%

$1,990

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,391

Total Expenses

$2,023

Mortgage P&I

44%

$1,055

Property Taxes

4%

$84

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$287

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$263

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