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$3,036 (target)

7920 Massachusetts St, Merrillville, IN 46410

3 beds • 2 baths • 2128 sqft

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This property might be a fair Mid-Term investment with a projected 5.22% first-year return on $74,679 initial cash invested.

5.22%

Cash On Cash

8.34%

Cap Rate

1.31

DSCR

$3,036

Rent

$325

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,036 income − $2,711 expenses = $325 cash flow

Income$3,036Mortgage P&I$1,42947%Property Taxes$1575%Insurance$943%Management$36412%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33411%Cash Flow$325

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,679

Downpayment

20%

$53,980

Closing costs

1%

$2,699

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,036

Total Expenses

$2,711

Mortgage P&I

47%

$1,429

Property Taxes

5%

$157

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$364

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$334

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