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$3,458 (target)

7654 Monroe St, Merrillville, IN 46410

3 beds • 2 baths • 1635 sqft

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This property could be a profitable Mid-Term investment with a projected 12.02% first-year return on $68,001 initial cash invested.

12.02%

Cash On Cash

10.5%

Cap Rate

1.65

DSCR

$3,458

Rent

$681

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,458 income − $2,777 expenses = $681 cash flow

Income$3,458Mortgage P&I$1,26537%Property Taxes$2216%Insurance$842%HOA$321%Management$41512%CapEx$1384%Vacancy$1043%Maintenance$1384%Other$38011%Cash Flow$681

Investment Breakdown

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Purchase Price

$238k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,001

Downpayment

20%

$47,620

Closing costs

1%

$2,381

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,458

Total Expenses

$2,777

Mortgage P&I

37%

$1,265

Property Taxes

6%

$221

Home Insurance

2%

$84

HOA

1%

$32

Property Management

12%

$415

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$380

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