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$2,399 (target)

7815 Carolina Pl, Merrillville, IN 46410

3 beds • 3 baths • 2207 sqft

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This property could be a profitable Long-Term investment with a projected 12.32% first-year return on $41,979 initial cash invested.

12.32%

Cash On Cash

9.74%

Cap Rate

1.51

DSCR

$2,399

Rent

$431

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,399 income − $1,968 expenses = $431 cash flow

Income$2,399Mortgage P&I$1,07145%Property Taxes$2038%Insurance$703%Management$24010%CapEx$1205%Vacancy$1446%Maintenance$1205%Cash Flow$431

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,399

Total Expenses

$1,968

Mortgage P&I

45%

$1,071

Property Taxes

8%

$203

Home Insurance

3%

$70

HOA

0%

$0

Property Management

10%

$240

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

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