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$1,835 (target)

6343 Ohio Ave, Hammond, IN 46323

3 beds • 2 baths • 1149 sqft

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This property might be a fair Long-Term investment with a projected 2.82% first-year return on $45,150 initial cash invested.

2.82%

Cash On Cash

7.6%

Cap Rate

1.17

DSCR

$1,835

Rent

$106

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,835 income − $1,729 expenses = $106 cash flow

Income$1,835Mortgage P&I$1,16463%Property Taxes$121%Insurance$754%Management$18410%CapEx$925%Vacancy$1106%Maintenance$925%Cash Flow$106

Investment Breakdown

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Purchase Price

$215k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,150

Downpayment

20%

$43,000

Closing costs

1%

$2,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,835

Total Expenses

$1,729

Mortgage P&I

63%

$1,164

Property Taxes

1%

$12

Home Insurance

4%

$75

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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