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$2,847 (target)

6095 Union Chapel Road SE, Corydon, IN 47112

3 beds • 2 baths • 1456 sqft

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This property could be a profitable Mid-Term investment with a projected 15.04% first-year return on $58,656 initial cash invested.

15.04%

Cash On Cash

11.73%

Cap Rate

1.81

DSCR

$2,847

Rent

$735

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,847 income − $2,112 expenses = $735 cash flow

Income$2,847Mortgage P&I$1,04337%Property Taxes$311%Insurance$702%Management$34212%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%Cash Flow$735

Investment Breakdown

|

Purchase Price

$194k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,656

Downpayment

20%

$38,720

Closing costs

1%

$1,936

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,847

Total Expenses

$2,112

Mortgage P&I

37%

$1,043

Property Taxes

1%

$31

Home Insurance

2%

$70

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

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