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$4,094 (target)

8672 Norwell St, Lowell, IN 46356

3 beds • 2 baths • 1866 sqft

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This property might be a fair Mid-Term investment with a projected 1.21% first-year return on $106k initial cash invested.

1.21%

Cash On Cash

6.66%

Cap Rate

1.13

DSCR

$4,094

Rent

$107

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,094 income − $3,987 expenses = $107 cash flow

Income$4,094Mortgage P&I$2,04750%Property Taxes$3418%Insurance$1464%HOA$611%Management$49112%CapEx$1644%Vacancy$1233%Maintenance$1644%Other$45011%Cash Flow$107

Investment Breakdown

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Purchase Price

$418k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,581

Closing costs

1%

$4,179

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,094

Total Expenses

$3,987

Mortgage P&I

50%

$2,047

Property Taxes

8%

$341

Home Insurance

4%

$146

HOA

1%

$61

Property Management

12%

$491

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$450

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