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$3,598 (target)

7815 Carolina Pl, Merrillville, IN 46410

3 beds • 3 baths • 2207 sqft

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This property could be a profitable Mid-Term investment with a projected 20.61% first-year return on $59,979 initial cash invested.

20.61%

Cash On Cash

13.48%

Cap Rate

2.1

DSCR

$3,598

Rent

$1,030

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,598 income − $2,568 expenses = $1,030 cash flow

Income$3,598Mortgage P&I$1,07130%Property Taxes$2036%Insurance$702%Management$43212%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39611%Cash Flow$1,030

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,598

Total Expenses

$2,568

Mortgage P&I

30%

$1,071

Property Taxes

6%

$203

Home Insurance

2%

$70

HOA

0%

$0

Property Management

12%

$432

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$396

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