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$2,360 (target)

601 Erie Pass, Auburn, IN 46706

3 beds • 2 baths • 1472 sqft

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This property might be a fair Mid-Term investment with a projected 1.46% first-year return on $67,413 initial cash invested.

1.46%

Cash On Cash

7.41%

Cap Rate

1.14

DSCR

$2,360

Rent

$82

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,360 income − $2,278 expenses = $82 cash flow

Income$2,360Mortgage P&I$1,27654%Property Taxes$1165%Insurance$844%Management$28312%CapEx$944%Vacancy$713%Maintenance$944%Other$26011%Cash Flow$82

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,413

Downpayment

20%

$47,060

Closing costs

1%

$2,353

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,360

Total Expenses

$2,278

Mortgage P&I

54%

$1,276

Property Taxes

5%

$116

Home Insurance

4%

$84

HOA

0%

$0

Property Management

12%

$283

CapEx

4%

$94

Vacancy

3%

$71

Maintenance

4%

$94

Other

11%

$260

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