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$1,848 (target)

823 Monroe Ave, Evansville, IN 47713

3 beds • 2 baths • 1400 sqft

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This property might be a fair Mid-Term investment with a projected 9.29% first-year return on $46,350 initial cash invested.

9.29%

Cash On Cash

10.26%

Cap Rate

1.6

DSCR

$1,848

Rent

$359

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,848 income − $1,489 expenses = $359 cash flow

Income$1,848Mortgage P&I$72139%Property Taxes$935%Insurance$473%Management$22212%CapEx$744%Vacancy$553%Maintenance$744%Other$20311%Cash Flow$359

Investment Breakdown

|

Purchase Price

$135k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,350

Downpayment

20%

$27,000

Closing costs

1%

$1,350

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,848

Total Expenses

$1,489

Mortgage P&I

39%

$721

Property Taxes

5%

$93

Home Insurance

3%

$47

HOA

0%

$0

Property Management

12%

$222

CapEx

4%

$74

Vacancy

3%

$55

Maintenance

4%

$74

Other

11%

$203

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