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$2,732 (target)

6709 Lincoln Ave, Evansville, IN 47715

3 beds • 2 baths • 1641 sqft

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This property could be a profitable Mid-Term investment with a projected 23.09% first-year return on $46,350 initial cash invested.

23.09%

Cash On Cash

14.99%

Cap Rate

2.46

DSCR

$2,732

Rent

$892

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,732 income − $1,840 expenses = $892 cash flow

Income$2,732Mortgage P&I$68525%Property Taxes$1797%Insurance$472%Management$32812%CapEx$1094%Vacancy$823%Maintenance$1094%Other$30111%Cash Flow$892

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,350

Downpayment

20%

$27,000

Closing costs

1%

$1,350

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,732

Total Expenses

$1,840

Mortgage P&I

25%

$685

Property Taxes

7%

$179

Home Insurance

2%

$47

HOA

0%

$0

Property Management

12%

$328

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$301

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