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$3,160 (target)

6650 Monument Ave, Portage, IN 46368

3 beds • 2 baths • 1660 sqft

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This property might be a fair Mid-Term investment with a projected 6.58% first-year return on $76,800 initial cash invested.

6.58%

Cash On Cash

8.34%

Cap Rate

1.39

DSCR

$3,160

Rent

$421

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,160 income − $2,739 expenses = $421 cash flow

Income$3,160Mortgage P&I$1,40044%Property Taxes$1655%Insurance$1003%Management$37912%CapEx$1264%Vacancy$953%Maintenance$1264%Other$34811%Cash Flow$421

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,800

Downpayment

20%

$56,000

Closing costs

1%

$2,800

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,160

Total Expenses

$2,739

Mortgage P&I

44%

$1,400

Property Taxes

5%

$165

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$379

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$348

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