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$4,426 (target)

9056 Grindel Pl, Cedar Lake, IN 46303

3 beds • 2 baths • 1786 sqft

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This property might be a fair Mid-Term investment with a projected 5.5% first-year return on $101k initial cash invested.

5.5%

Cash On Cash

7.94%

Cap Rate

1.32

DSCR

$4,426

Rent

$463

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,426 income − $3,963 expenses = $463 cash flow

Income$4,426Mortgage P&I$1,97445%Property Taxes$1964%Insurance$1383%HOA$1503%Management$53112%CapEx$1774%Vacancy$1333%Maintenance$1774%Other$48711%Cash Flow$463

Investment Breakdown

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Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$78,980

Closing costs

1%

$3,949

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,426

Total Expenses

$3,963

Mortgage P&I

45%

$1,974

Property Taxes

4%

$196

Home Insurance

3%

$138

HOA

3%

$150

Property Management

12%

$531

CapEx

4%

$177

Vacancy

3%

$133

Maintenance

4%

$177

Other

11%

$487

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