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$2,193 (target)

906 Washington Way, Memphis, IN 47143

3 beds • 2 baths • 1152 sqft

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This property could be a profitable Mid-Term investment with a projected 14.2% first-year return on $47,253 initial cash invested.

14.2%

Cash On Cash

11.94%

Cap Rate

1.88

DSCR

$2,193

Rent

$559

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,193 income − $1,634 expenses = $559 cash flow

Income$2,193Mortgage P&I$73934%Property Taxes$1005%Insurance$492%Management$26312%CapEx$884%Vacancy$663%Maintenance$884%Other$24111%Cash Flow$559

Investment Breakdown

|

Purchase Price

$139k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,253

Downpayment

20%

$27,860

Closing costs

1%

$1,393

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,193

Total Expenses

$1,634

Mortgage P&I

34%

$739

Property Taxes

5%

$100

Home Insurance

2%

$49

HOA

0%

$0

Property Management

12%

$263

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$241

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