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$2,990 (target)

59411 Peppermint Dr, Elkhart, IN 46517

3 beds • 2 baths • 2334 sqft

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This property might be a fair Mid-Term investment with a projected 2.03% first-year return on $81,000 initial cash invested.

2.03%

Cash On Cash

7.14%

Cap Rate

1.17

DSCR

$2,990

Rent

$137

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,990 income − $2,853 expenses = $137 cash flow

Income$2,990Mortgage P&I$1,52751%Property Taxes$2037%Insurance$1054%Management$35912%CapEx$1204%Vacancy$903%Maintenance$1204%Other$32911%Cash Flow$137

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,990

Total Expenses

$2,853

Mortgage P&I

51%

$1,527

Property Taxes

7%

$203

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$359

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$329

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