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$2,548 (target)

900 N Clarkdale Dr, Muncie, IN 47304

3 beds • 2 baths • 3371 sqft

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This property looks like a bad Mid-Term investment with a projected -0.24% first-year return on $70,353 initial cash invested.

-0.24%

Cash On Cash

6.7%

Cap Rate

1.07

DSCR

$2,548

Rent

-$14

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,548 income − $2,562 expenses = $14 out of pocket

Income$2,548Out of Pocket$14Mortgage P&I$1,30351%Property Taxes$30212%Insurance$914%Management$30612%CapEx$1024%Vacancy$763%Maintenance$1024%Other$28011%

Investment Breakdown

|

Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,353

Downpayment

20%

$49,860

Closing costs

1%

$2,493

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,548

Total Expenses

$2,562

Mortgage P&I

51%

$1,303

Property Taxes

12%

$302

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$280

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