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8042 Southern Trails Pl, Indianapolis, IN 46237

3 beds • 2 baths • 1410 sqft

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This property looks like a bad Long-Term investment with a projected -9.37% first-year return on $62,013 initial cash invested.

-9.37%

Cash On Cash

4.17%

Cap Rate

0.72

DSCR

$1,700

Rent

-$484

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,013

Downpayment

20%

$59,060

Closing costs

1%

$2,953

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,700

Total Expenses

$2,184

Mortgage P&I

84%

$1,425

Property Taxes

11%

$182

Home Insurance

6%

$105

HOA

2%

$30

Property Management

10%

$170

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

8043 Southern Trails Pl, Indianapolis, IN 46237

$1,840

3

2

1402

0 mi

6328 E Stop 11 Rd, Indianapolis, IN 46237

$1,550

3

2

1400

0.1 mi

8331 Amarillo Dr, Indianapolis, IN 46237

$1,480

3

2

1410

0.3 mi

8172 Amble Way, Indianapolis, IN 46237

$1,665

3

2

1424

0.2 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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