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$3,070 (target)

8833 Idaho Dr, Newburgh, IN 47630

3 beds • 2 baths • 1732 sqft

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This property might be a fair Mid-Term investment with a projected 3.31% first-year return on $83,079 initial cash invested.

3.31%

Cash On Cash

7.47%

Cap Rate

1.22

DSCR

$3,070

Rent

$229

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,070 income − $2,841 expenses = $229 cash flow

Income$3,070Mortgage P&I$1,57651%Property Taxes$1134%Insurance$1084%Management$36812%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33811%Cash Flow$229

Investment Breakdown

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Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,079

Downpayment

20%

$61,980

Closing costs

1%

$3,099

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,070

Total Expenses

$2,841

Mortgage P&I

51%

$1,576

Property Taxes

4%

$113

Home Insurance

4%

$108

HOA

0%

$0

Property Management

12%

$368

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$338

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