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$4,676 (target)

6244 Sable Ridge Dr, Newburgh, IN 47630

3 beds • 4 baths • 2321 sqft

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This property might be a fair Mid-Term investment with a projected 0.66% first-year return on $126k initial cash invested.

0.66%

Cash On Cash

7.15%

Cap Rate

1.09

DSCR

$4,676

Rent

$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,676 income − $4,607 expenses = $69 cash flow

Income$4,676Mortgage P&I$2,81460%Property Taxes$3Insurance$1804%HOA$21Management$56112%CapEx$1874%Vacancy$1403%Maintenance$1874%Other$51411%Cash Flow$69

Investment Breakdown

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Purchase Price

$515k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$103k

Closing costs

1%

$5,150

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,676

Total Expenses

$4,607

Mortgage P&I

60%

$2,814

Property Taxes

0%

$3

Home Insurance

4%

$180

HOA

0%

$21

Property Management

12%

$561

CapEx

4%

$187

Vacancy

3%

$140

Maintenance

4%

$187

Other

11%

$514

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