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$3,748 (target)

624 Forest Park Dr, Newburgh, IN 47630

3 beds • 3 baths • 2288 sqft

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This property could be a profitable Mid-Term investment with a projected 13.85% first-year return on $75,540 initial cash invested.

13.85%

Cash On Cash

10.51%

Cap Rate

1.74

DSCR

$3,748

Rent

$872

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,748 income − $2,876 expenses = $872 cash flow

Income$3,748Mortgage P&I$1,37737%Property Taxes$1293%Insurance$963%Management$45012%CapEx$1504%Vacancy$1123%Maintenance$1504%Other$41211%Cash Flow$872

Investment Breakdown

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Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,540

Downpayment

20%

$54,800

Closing costs

1%

$2,740

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,748

Total Expenses

$2,876

Mortgage P&I

37%

$1,377

Property Taxes

3%

$129

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$450

CapEx

4%

$150

Vacancy

3%

$112

Maintenance

4%

$150

Other

11%

$412

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