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$1,821 (target)

6709 Lincoln Ave, Evansville, IN 47715

3 beds • 2 baths • 1641 sqft

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This property could be a profitable Long-Term investment with a projected 18.5% first-year return on $28,350 initial cash invested.

18.5%

Cash On Cash

10.78%

Cap Rate

1.77

DSCR

$1,821

Rent

$437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,821 income − $1,384 expenses = $437 cash flow

Income$1,821Mortgage P&I$68538%Property Taxes$17910%Insurance$473%Management$18210%CapEx$915%Vacancy$1096%Maintenance$915%Cash Flow$437

Investment Breakdown

|

Purchase Price

$135k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,350

Downpayment

20%

$27,000

Closing costs

1%

$1,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,821

Total Expenses

$1,384

Mortgage P&I

38%

$685

Property Taxes

10%

$179

Home Insurance

3%

$47

HOA

0%

$0

Property Management

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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