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$2,770 (target)

59843 Kay Blvd, Elkhart, IN 46517

3 beds • 3 baths • 2080 sqft

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This property looks like a bad Mid-Term investment with a projected -5.63% first-year return on $93,159 initial cash invested.

-5.63%

Cash On Cash

4.92%

Cap Rate

0.82

DSCR

$2,770

Rent

-$437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,770 income − $3,207 expenses = $437 out of pocket

Income$2,770Out of Pocket$437Mortgage P&I$1,79365%Property Taxes$34713%Insurance$1255%Management$33212%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30511%

Investment Breakdown

|

Purchase Price

$358k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,159

Downpayment

20%

$71,580

Closing costs

1%

$3,579

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,770

Total Expenses

$3,207

Mortgage P&I

65%

$1,793

Property Taxes

13%

$347

Home Insurance

5%

$125

HOA

0%

$0

Property Management

12%

$332

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

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