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$2,926 (target)

6022 Glen Oak Ct, Newburgh, IN 47630

3 beds • 2 baths • 1560 sqft

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This property looks like a bad Mid-Term investment with a projected -1.37% first-year return on $85,599 initial cash invested.

-1.37%

Cash On Cash

6.5%

Cap Rate

1.01

DSCR

$2,926

Rent

-$98

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,926 income − $3,024 expenses = $98 out of pocket

Income$2,926Out of Pocket$98Mortgage P&I$1,72459%Property Taxes$1706%Insurance$1164%HOA$191%Management$35112%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%

Investment Breakdown

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Purchase Price

$322k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,599

Downpayment

20%

$64,380

Closing costs

1%

$3,219

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,926

Total Expenses

$3,024

Mortgage P&I

59%

$1,724

Property Taxes

6%

$170

Home Insurance

4%

$116

HOA

1%

$19

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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