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$3,034 (target)

8600 Vann Rd, Newburgh, IN 47630

3 beds • 3 baths • 1981 sqft

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This property looks like a bad Mid-Term investment with a projected -1.18% first-year return on $95,490 initial cash invested.

-1.18%

Cash On Cash

6.19%

Cap Rate

1.01

DSCR

$3,034

Rent

-$94

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,034 income − $3,128 expenses = $94 out of pocket

Income$3,034Out of Pocket$94Mortgage P&I$1,87762%Property Taxes$913%Insurance$1294%Management$36412%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33411%

Investment Breakdown

|

Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,490

Downpayment

20%

$73,800

Closing costs

1%

$3,690

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,034

Total Expenses

$3,128

Mortgage P&I

62%

$1,877

Property Taxes

3%

$91

Home Insurance

4%

$129

HOA

0%

$0

Property Management

12%

$364

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$334

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