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$2,644 (target)

803 W Grove St, Mishawaka, IN 46545

3 beds • 2 baths • 1491 sqft

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This property might be a fair Mid-Term investment with a projected 2.95% first-year return on $71,088 initial cash invested.

2.95%

Cash On Cash

7.87%

Cap Rate

1.2

DSCR

$2,644

Rent

$175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,644 income − $2,469 expenses = $175 cash flow

Income$2,644Mortgage P&I$1,37652%Property Taxes$1174%Insurance$773%Management$31712%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29111%Cash Flow$175

Investment Breakdown

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Purchase Price

$253k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,088

Downpayment

20%

$50,560

Closing costs

1%

$2,528

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,644

Total Expenses

$2,469

Mortgage P&I

52%

$1,376

Property Taxes

4%

$117

Home Insurance

3%

$77

HOA

0%

$0

Property Management

12%

$317

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$291

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