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$2,030 (target)

93 Lasalle Ave, Wabash, IN 46992

3 beds • 2 baths • 990 sqft

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This property might be a fair Mid-Term investment with a projected 2.25% first-year return on $58,593 initial cash invested.

2.25%

Cash On Cash

7.56%

Cap Rate

1.19

DSCR

$2,030

Rent

$110

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,030 income − $1,920 expenses = $110 cash flow

Income$2,030Mortgage P&I$1,02751%Property Taxes$1316%Insurance$724%Management$24412%CapEx$814%Vacancy$613%Maintenance$814%Other$22311%Cash Flow$110

Investment Breakdown

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Purchase Price

$193k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,593

Downpayment

20%

$38,660

Closing costs

1%

$1,933

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,030

Total Expenses

$1,920

Mortgage P&I

51%

$1,027

Property Taxes

6%

$131

Home Insurance

4%

$72

HOA

0%

$0

Property Management

12%

$244

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$223

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