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$2,440 (target)

8997 Short Ridge Rd, Aurora, IN 47001

3 beds • 2 baths • 1344 sqft

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This property could be a profitable Mid-Term investment with a projected 11.99% first-year return on $56,766 initial cash invested.

11.99%

Cash On Cash

10.1%

Cap Rate

1.75

DSCR

$2,440

Rent

$567

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,440 income − $1,873 expenses = $567 cash flow

Income$2,440Mortgage P&I$88836%Property Taxes$492%Insurance$1064%Management$29312%CapEx$984%Vacancy$733%Maintenance$984%Other$26811%Cash Flow$567

Investment Breakdown

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Purchase Price

$185k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,766

Downpayment

20%

$36,920

Closing costs

1%

$1,846

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,440

Total Expenses

$1,873

Mortgage P&I

36%

$888

Property Taxes

2%

$49

Home Insurance

4%

$106

HOA

0%

$0

Property Management

12%

$293

CapEx

4%

$98

Vacancy

3%

$73

Maintenance

4%

$98

Other

11%

$268

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