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$3,334 (target)

912 N Warwick Rd, Muncie, IN 47304

3 beds • 3 baths • 1863 sqft

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This property could be a profitable Mid-Term investment with a projected 12.62% first-year return on $72,390 initial cash invested.

12.62%

Cash On Cash

10.35%

Cap Rate

1.67

DSCR

$3,334

Rent

$761

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,334 income − $2,573 expenses = $761 cash flow

Income$3,334Mortgage P&I$1,33940%Property Taxes$10Insurance$913%Management$40012%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36711%Cash Flow$761

Investment Breakdown

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Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,390

Downpayment

20%

$51,800

Closing costs

1%

$2,590

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,334

Total Expenses

$2,573

Mortgage P&I

40%

$1,339

Property Taxes

0%

$10

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$400

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$367

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