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$1,993 (target)

59411 Peppermint Dr, Elkhart, IN 46517

3 beds • 2 baths • 2334 sqft

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This property looks like a bad Long-Term investment with a projected -6.88% first-year return on $63,000 initial cash invested.

-6.88%

Cash On Cash

5.06%

Cap Rate

0.83

DSCR

$1,993

Rent

-$361

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,993 income − $2,354 expenses = $361 out of pocket

Income$1,993Out of Pocket$361Mortgage P&I$1,52777%Property Taxes$20310%Insurance$1055%Management$19910%CapEx$1005%Vacancy$1206%Maintenance$1005%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,993

Total Expenses

$2,354

Mortgage P&I

77%

$1,527

Property Taxes

10%

$203

Home Insurance

5%

$105

HOA

0%

$0

Property Management

10%

$199

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

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