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$2,691 (target)

9239 Southport Dr, Evansville, IN 47711

3 beds • 2 baths • 1863 sqft

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This property looks like a bad Mid-Term investment with a projected -1.58% first-year return on $82,722 initial cash invested.

-1.58%

Cash On Cash

6.1%

Cap Rate

1

DSCR

$2,691

Rent

-$109

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,691 income − $2,800 expenses = $109 out of pocket

Income$2,691Out of Pocket$109Mortgage P&I$1,56858%Property Taxes$2068%Insurance$1104%Management$32312%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29611%

Investment Breakdown

|

Purchase Price

$308k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,722

Downpayment

20%

$61,640

Closing costs

1%

$3,082

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,691

Total Expenses

$2,800

Mortgage P&I

58%

$1,568

Property Taxes

8%

$206

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

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