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$2,520 (target)

6813 Schneider Ave, Hammond, IN 46323

3 beds • 2 baths • 2268 sqft

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This property might be a fair Mid-Term investment with a projected 2.43% first-year return on $71,130 initial cash invested.

2.43%

Cash On Cash

7.2%

Cap Rate

1.19

DSCR

$2,520

Rent

$144

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,520 income − $2,376 expenses = $144 cash flow

Income$2,520Mortgage P&I$1,27451%Property Taxes$1546%Insurance$914%Management$30212%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27711%Cash Flow$144

Investment Breakdown

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Purchase Price

$253k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,130

Downpayment

20%

$50,600

Closing costs

1%

$2,530

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,520

Total Expenses

$2,376

Mortgage P&I

51%

$1,274

Property Taxes

6%

$154

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$302

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$277

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