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$3,978 (target)

6996 Prairieview Ct, Demotte, IN 46310

3 beds • 2 baths • 1597 sqft

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This property could be a profitable Mid-Term investment with a projected 10.38% first-year return on $87,300 initial cash invested.

10.38%

Cash On Cash

9.47%

Cap Rate

1.54

DSCR

$3,978

Rent

$755

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,978 income − $3,223 expenses = $755 cash flow

Income$3,978Mortgage P&I$1,69042%Property Taxes$652%Insurance$1163%Management$47712%CapEx$1594%Vacancy$1193%Maintenance$1594%Other$43811%Cash Flow$755

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,300

Downpayment

20%

$66,000

Closing costs

1%

$3,300

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,978

Total Expenses

$3,223

Mortgage P&I

42%

$1,690

Property Taxes

2%

$65

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$477

CapEx

4%

$159

Vacancy

3%

$119

Maintenance

4%

$159

Other

11%

$438

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