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744 Portage Ave, South Bend, IN 46616

3 beds • 2 baths • 1717 sqft

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This property might be a fair Mid-Term investment with a projected 7.36% first-year return on $53,637 initial cash invested.

7.36%

Cash On Cash

9.24%

Cap Rate

1.46

DSCR

$2,126

Rent

$329

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$170k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,637

Downpayment

20%

$33,940

Closing costs

1%

$1,697

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,126

Total Expenses

$1,797

Mortgage P&I

42%

$892

Property Taxes

6%

$124

Home Insurance

3%

$58

HOA

0%

$0

Property Management

12%

$255

CapEx

4%

$85

Vacancy

3%

$64

Maintenance

4%

$85

Other

11%

$234

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