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$2,710 (target)

684 Sky Way Drive NW, Corydon, IN 47112

3 beds • 2 baths • 1194 sqft

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This property might be a fair Mid-Term investment with a projected 3.42% first-year return on $74,448 initial cash invested.

3.42%

Cash On Cash

7.62%

Cap Rate

1.23

DSCR

$2,710

Rent

$212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,710 income − $2,498 expenses = $212 cash flow

Income$2,710Mortgage P&I$1,38751%Property Taxes$954%Insurance$964%Management$32512%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29811%Cash Flow$212

Investment Breakdown

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Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,448

Downpayment

20%

$53,760

Closing costs

1%

$2,688

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,710

Total Expenses

$2,498

Mortgage P&I

51%

$1,387

Property Taxes

4%

$95

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$325

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$298

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