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$3,240 (target)

9290 S County Road 200 W, Muncie, IN 47302

3 beds • 2 baths • 2116 sqft

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This property might be a fair Mid-Term investment with a projected 1.22% first-year return on $88,329 initial cash invested.

1.22%

Cash On Cash

7.12%

Cap Rate

1.12

DSCR

$3,240

Rent

$90

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,240 income − $3,150 expenses = $90 cash flow

Income$3,240Mortgage P&I$1,76855%Property Taxes$1635%Insurance$1174%Management$38912%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35611%Cash Flow$90

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,329

Downpayment

20%

$66,980

Closing costs

1%

$3,349

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,240

Total Expenses

$3,150

Mortgage P&I

55%

$1,768

Property Taxes

5%

$163

Home Insurance

4%

$117

HOA

0%

$0

Property Management

12%

$389

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$356

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