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60979 Myrtle Rd, South Bend, IN 46614

3 beds • 2 baths • 1362 sqft

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This property looks like a bad Long-Term investment with a projected -17.16% first-year return on $71,190 initial cash invested.

-17.16%

Cash On Cash

2.69%

Cap Rate

0.44

DSCR

$1,390

Rent

-$1,018

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,390

Total Expenses

$2,408

Mortgage P&I

123%

$1,707

Property Taxes

16%

$220

Home Insurance

9%

$119

HOA

0%

$0

Property Management

10%

$139

CapEx

5%

$70

Vacancy

6%

$83

Maintenance

5%

$70

Other

0%

$0

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